Oil surges to 2022 highs: G7 may discuss joint release of emergency oil reserves
- Posted on March 9, 2026
- By Financial Express
- 2 Views
Oil surges to 2022 highs: G7 may discuss joint release of emergency oil reserves

Crude oil prices have surged to 2022 highs above $115 amid escalating Middle East tensions. Reports say G7 nations may discuss a coordinated release from emergency oil reserves to stabilise global supply.