Germany & Austria Tap Oil Reserves, G7 Discusses Energy Crisis
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Germany and Austria, along with Japan, are releasing oil reserves to combat soaring energy prices caused by the war in Iran. The Group of Seven energy ministers discussed options, including using emergency stocks, to ease the crisis. Germany and Austria are also implementing fuel price controls, limiting price increases to once a day and three times a week, respectively.
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