- Title: Everyone willing to take measures to stabilize oil market, France says
- Date: 10th March 2026
- Summary: BOULOGNE-BILLANCOURT, FRANCE (MARCH 10, 2026) (AGENCY POOL) (SOUNDBITE) (English) FRENCH FINANCE MINISTER, ROLAND LESCURE, SAYING: “If the prices rise because of the price per barrel, let me say that that is normal. And when you look at diesel, which is particularly impacted, because the price of refining diesel has gone up a lot around the world – in the United States
- Embargoed:
- Keywords: France Iran Strait of Hormuz United States diesel gas oil prices
- Location: POISSY AND BOULOGNE-BILLANCOURT, FRANCE
- City: POISSY AND BOULOGNE-BILLANCOURT, FRANCE
- Country: France
- Topics: Europe,Government/Politics
- Reuters ID: LVA003271610032026RP1
- Aspect Ratio: 16:9
- Story Text: Everyone is willing to take measures to stabilise the oil market, including the United States, French Finance Minister Roland Lescure said on Tuesday (March 10).
Lescure said energy ministers from the Group of Seven countries — France, Japan, Germany, Italy, the U.S., Canada and Britain — had asked the International Energy Agency to elaborate scenarios for a potential oil stockpile release.
"Everyone is willing to take measures to stabilize the market, including the United States," he told journalists on the sidelines of a nuclear summit in Paris.
"We have asked the IEA to elaborate scenarios for a potential oil stock release, we need to be ready to act at any moment."
The minister said the next steps on a potential decision to release emergency oil stockpiles would involve the IEA's governing board meeting on Tuesday afternoon.
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