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Japan says it has no plans for further crude releases from national reserves, even as the G7 launches a 100-million-barrel coordinated stock release.
Around 325 million barrels of oil have been released from strategic reserves, said the International Energy Agency (IEA) on Saturday. It represented over 80 percent of the 400 million barrels originally pledged from the collective action announced by the IEA in March. IEA Executive Director Fatih Birol said Friday…