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G7 to release 100 million barrels of diesel and crude reserves

Original: G7 to release 100 mn barrels of diesel, crude from reserves after Macron’s call with Trump, Carney

The G7 will release 100 million barrels of diesel and crude from strategic reserves following a phone call between French President Emmanuel Macron, US President Donald Trump and Canadian leader Mark Carney. The coordinated drawdown is aimed at easing supply pressures and stabilising global energy prices, with markets and allied governments watching closely for its effect on fuel costs.

Why now: A coordinated G7 reserve release involving Trump, Macron and Carney has major implications for global oil prices and energy security.

G7Emmanuel MacronDonald TrumpMark Carney

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Evidence

• G7 to release 100 mn barrels of diesel, crude from reserves after Macron’s call with Trump, Carney · ThePrint

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