EconomyTrump claims Europe agreed to release ‘massive amount’ of diesel stockpile

The G7 says it will coordinate the release of up to 100 million barrels of strategic oil reserves through the IEA over four months, with a substantial diesel release in the first 20 days. Trump said Europe had agreed to release heavily stocked diesel, as energy prices surge amid the US-Israeli war with Iran and shipping constraints in the Strait of Hormuz.

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AAl Jazeera★★★★☆2026-10-02 14:14Original