EU coordinates with IEA on G7 oil stock releases to ease energy prices

The European Commission is coordinating with the IEA on G7-coordinated oil stock releases to temper energy prices, while reiterating that the bloc's long-term strategy centers on domestic clean energy, including renewables and nuclear. The move signals near-term supply intervention amid persistent price pressure, with the clean-energy pivot framing the structural response. Uncertainty remains on the scale and duration of the releases and their actual price impact.

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