𝕏xIT first seen 2 d ago, last 2 d ago, peak #2

G7 nations agree coordinated release of 100 million barrels

Original: BREAKING: US, UK, France, Germany, Italy, Japan, Canada have just agreed to a coordinated release of 100 million barrels

The United States, United Kingdom, France, Germany, Italy, Japan and Canada have agreed to a coordinated release of 100 million barrels of crude oil and diesel through the International Energy Agency, beginning immediately and spanning four months. Reports say the diesel portion will be frontloaded, with a substantial release within the first 20 days.

Why now: An emergency coordinated oil release by major economies signals concern over supply disruption and fuel prices.

International Energy AgencyUnited StatesUnited KingdomGermanyJapan

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Evidence

• BREAKING: US, UK, France, Germany, Italy, Japan, Canada have just agreed to a coordinated release of 100 million barrels of crude oil and diesel through the IEA, beginning immediately over four months, with a frontloaded substantial diesel release within the first 20 days, per · HormuzLetter · 60

Elsewhere

• 𝕏xGB #5 · 2 d ago

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