Germany and Japan Move to Release Reserves As G7 Arrests Oil Shock

Germany and Japan said Wednesday they would release oil from strategic reserves as the G7 coordinated an emergency response to crude market disruption tied to the US-Israeli war with Iran. Prime Minister Sanae Takaichi said Tokyo would begin releasing reserves “as early as the 16th of this month,” adding that Japan was acting without waiting […] The post Germany and Japan Move to Release Reserves As G7 Arrests Oil Shock appeared first on the deep dive.