EconomyG7 to release up to 100m barrels of emergency oil and diesel reserves

G7 leaders have agreed to coordinate the release of up to 100m barrels from strategic diesel and crude oil reserves within four months, including an initial substantial diesel release in the first 20 days. Emmanuel Macron said the move aims to lower petroleum-product prices, while members committed to avoiding export bans amid Donald Trump’s pressure over soaring fuel costs.

G7dieseloil reservesfuel prices

TThe Guardian★★★★☆2026-10-02 15:57Original