Group of Seven: Will take necessary measures, such as releasing reserves, to support global energy supply when needed.

On March 9, the G7 finance ministers issued a statement saying that all parties are ready to take necessary measures, including releasing reserves, to support global energy supply. On that day, the G7 finance ministers held a video conference and discussed the current situation in the Middle East with leaders from the International Monetary Fund, the World Bank Group, the Organisation for Economic Co-operation and Development, and the International Energy Agency. The statement said that all parties will continue to closely monitor the situation and developments in the energy market, and will hold meetings again when necessary to exchange information and enhance coordination between the G7 and international partners.