Brent drops to $101.52 as G7 reserve release and Middle East exports rise

Brent crude fell to $101.52 per barrel on Monday, pressured by increased Middle East exports and a G7 decision to release fuel from strategic reserves. The move signals coordinated supply-side intervention to cool prices, though the magnitude and duration of the impact remain uncertain. This development matters as it could ease inflationary pressures and support risk appetite in energy-importing economies.