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Middle East War: G7 Countries Release Strategic Oil Reserves Before Leaders' Meeting

July 11, 2026Carlos Mendoza1 мин

In response to escalating tensions in the Middle East and the disruption of the Strait of Hormuz, global oil prices have surged significantly. This price hike has directly impacted fuel costs for consumers. Faced with this situation, G7 nations are preparing to release strategic oil reserves, anticipating a crucial meeting of their leaders.