Crude Oil Retreats From US$100 Per Barrel As G7 Signals Readiness To Release Emergency Reserves
By Siti Radziah Hamzah
KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran.