A G7 official said that G7 finance ministers reached a broad consensus on Monday regarding whether to immediately release strategic petroleum reserves, deciding to postpone such action. Earlier on Monday, G7 finance ministers held a teleconference to discuss how to respond to the surge in oil prices triggered by the US-Israel war against Iran. In a statement, they said they were prepared to take "necessary measures" to support global energy supplies, including releasing reserves, but had not yet decided on implementation. An official familiar with the discussions said, "There is a broad consensus on this. It's not that anyone is against it, but it's a matter of timing. More analysis is still needed." The official said that G7 energy ministers will hold a teleconference on the same issue on Tuesday, and G7 leaders will also discuss the matter later this week. "In my view, the final decision will be made by the leaders of each country," the official said. (Jinshi)