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WSJ Minute Briefing

Group of Seven Ready to Tap Oil Reserves if Needed

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 9 March 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Live Nation and the Justice Department have reached an antitrust settlement. And Novo Nordisk will sell weight-loss drugs through Hims & Hers, ending a legal dispute. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:28.2

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0:33.6

Here's your midday brief for Monday, March 9th.

0:36.6

I'm Anthony Bansy for the Wall Street Journal.

0:38.8

The group of seven advanced economies met today to discuss a possible release of strategic

0:44.1

oil reserves as oil prices jumped above $100 a barrel. The French finance minister said the

0:50.4

countries would tap oil reserves to stabilize the global oil market if needed.

0:55.4

Iran is warning that oil could reach $200 a barrel if the United States and Israel

1:00.4

continue striking the country's energy infrastructure.

1:03.8

The Justice Department and Live Nation have reached an antitrust settlement, and Live Nation

1:09.2

won't be broken up.

1:12.7

Live Nation owns Ticketmaster,

1:17.1

and the journal has learned that the deal will restrict the company's ability to use exclusive ticketing contracts. It would also make it easier for other promoters to compete

1:22.1

at venue's Live Nation controls. About 10 states so far have agreed to the framework. Other state attorneys general may

...

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