G7

US Oil Plunges $15 as G7 Weighs 400M-Barrel Release, Crypto Markets Rattled

Crude fell about $15 in two hours after reports that the G7 is considering a 400 million-barrel emergency release, triggering heightened volatility and risk-off flows in crypto markets. Traders are watching for broader macro repercussions that could steer digital assets lower.

Published at 2026-03-09 08:15:11