Italy open to more oil stock releases contingent on European pledges

Italy has completed its 10m-barrel IEA emergency release and signals willingness to add supply if other European countries meet remaining commitments (~40m barrels outstanding per JPMorgan). The IEA's accelerated releases and diesel prioritization increase near-term supply expectations, potentially easing refined-product tightness. France's additional diesel draw underscores policy focus on price relief, though replenishment timelines suggest longer-run stock constraints.