STOCKS | Macron Plans G7 Meeting on Possible Strategic Oil Reserve Release

French President Emmanuel Macron said he will convene a Group of Seven meeting in the coming weeks to discuss the possible release of strategic oil reserves. According to Sina Finance, Macron said at a press conference in Paris on Friday that he will call the G7 meeting to strengthen coordination among countries on reserve levels and expand cooperation on exports and production capacity. Macron said the meeting will focus on strengthening cooperation and avoiding unnecessary tensions between G7 countries and their major partners, while examining options for a possible release of strategic reserves.