Oil surge rattles markets as G-7 passes on emergency stockpiles

TL;DR Summary
Rising oil prices tied to the Iran-related conflict send global markets lower after the G-7 declines tapping emergency oil stockpiles, with energy costs climbing and gas prices edging toward $4 a gallon.
Topics:business#business#economic-policy#energy-markets#inflation#oil-and-gas-industry#stock-markets
- As oil prices soar, G-7 decides against tapping emergency stockpiles The Washington Post
- G7 discuss joint release of emergency oil reserves Financial Times
- Did Oil just Top? Not so fast. Barron's
- G7 meeting today to discuss joint release of oil reserves CNN
- G7 Countries Hold Off on Releasing Emergency Oil Supplies The New York Times
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