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G7 Discusses Releasing Oil Reserves, International Oil Prices Plunge Amid Short-Term Volatility

BlockBeats News, March 9th, the Group of Seven (G7) will discuss jointly releasing emergency oil reserves. Currently, three G7 countries, including the United States, have expressed support for a coordinated release of emergency oil reserves.

Possibly influenced by this news, international oil prices experienced a sharp short-term fall. According to Bitget's market data, WTI crude oil's intraday gain narrowed to 20%.

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24H Important News

2026-03-09

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