Oil prices moved higher early on Wednesday, despite a report that there would be a historic release of emergency reserves from the International Energy Agency. By 3:36 a.m. ET, global benchmark Brent crude futures rose 0.7% to $88.39 a barrel, while U.S. crude oil gained 1.3% to trade at $84.55 a barrel. On Tuesday, G7 energy ministers convened in Paris to discuss the U.S.-Iran war and its impact on global oil and gas markets. The conflict has disrupted energy production in the Middle East and