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G7 to release 100 million barrels of diesel and oil
Original: g7
The G7 will release 100 million barrels of diesel and oil products following emergency talks, French President Emmanuel Macron said. The move, reported by Sky News, is the latest effort to ease pressure on strained global fuel supplies and bring down pump prices, which have surged in recent months and driven higher energy costs for households and businesses worldwide.
Why now: Emergency G7 coordination on fuel supplies amid rising energy prices and shortages is drawing global attention
Evidence
- Diesel latest: G7 to release 100 million barrels of diesel and oil after emergency talks, Macron says · Sky News
- US backs down from fuel export ban threat as G7 agrees to release 100mn barrels · Financial Times
- Europe to release ‘massive’ diesel stockpiles after Trump pressure · The Telegraph
Elsewhere
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