Oil Price Craters on Reports that G7 Could Release 400 Million Barrels: Crypto Market Reacts

Global markets have been under serious turmoil over the past week amid the ongoing war between Iran, the US, and Israel. The military conflict has broader geopolitical and economic implications, with many countries already feeling the consequences. As CryptoPotato reported earlier, crude oil prices skyrocketed earlier on Sunday evening, reaching almost $120 per barrel. This resulted in considerable volatility in stoc…