Group of Seven finance ministers said they were ready to take any steps needed to support global energy supply, including releasing strategic oil reserves — although the group isn’t at the point of doing so yet. Britain’s Chancellor of the Exchequer Rachel Reeves (2L) sits down to take part in a G7 Finance Ministers video call to discuss the situation in the Middle East (AFP) “We will continue to closely monitor the situation and developments in the energy markets and will meet as needed to exchange information and to coordinate within the G-7 and with international partners,” the group said in a statement. “We stand ready to take necessary measures, including to support global supply of energy such as stockpile release.” G-7 finance ministers held a virtual meeting on Monday to discuss the conflict in the Middle East, its impact for regional stability, global economic conditions, and financial markets, and the importance of secure trading routes. France, which holds the presidency, said the group was wasn’t yet at the point of organizing a release. Brent …