G7 & United States — Energy Information Administration

G7: G7 finance ministers agreed on the need for action to tackle trade imbalances and address the economic fallout from the Iran war, including supporting vulnerable countries and diversifying critical mineral supplies.

United States — Energy Information Administration: The United States — Energy Information Administration provides data on the components of gasoline prices, illustrating how crude oil costs are the main driver.

G7: G7>>> finance ministers are gathering to discuss the Strait of Hormuz and critical raw material supplies, indicating international concern over the economic impact of the conflict.

United States — Energy Information Administration: The United States — Energy Information Administration>>> provides data on U.S. crude oil inventories and strategic petroleum reserve drawdowns, which are key indicators for oil market participants.

G7: G7>>> finance ministers are gathering to discuss the Strait of Hormuz and critical raw material supplies, indicating international concern over the economic impact of the conflict.

United States — Energy Information Administration: The United States — Energy Information Administration (EIA) reported a significant fall in U.S. crude inventories, providing data that reflects the impact of the conflict on oil supplies.

G7: The G7 nations have gathered to discuss the Iran situation, issuing a joint statement welcoming the diplomatic breakthrough and emphasizing the need for quick implementation to reopen the Strait of Hormuz.

United States — Energy Information Administration: The United States — Energy Information Administration (EIA) has reported on US crude stocks, providing data on inventory levels that influence oil market dynamics.