France warns against tapping oil reserves too quickly amid Mideast turmoil Related news
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LONDON France’s economy minister has urged caution over the use of strategic oil reserves, warning that supplies must be preserved in case of a prolonged conflict in the Middle East. Roland Lescure said Europe and the G7 should “keep ammunition” in the form of emergency stockpiles rather than releasing them too quickly in response to current market pressures. Speaking to CNBC Europe on Wednesday, he stressed the importance of preparing for multiple scenarios while avoiding overreaction. “What
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