El G7 liberará 100 millones de barriles de petróleo y diésel por la presión de Trump

The G7 has agreed to release up to 100 million barrels of diesel and petrol over the next four months to ease pressure on energy markets, according to French President Emmanuel Macron. The decision comes as US President Donald Trump seeks to reduce high diesel prices for American drivers ahead of the midterm elections in November, which will determine which party controls Congress.

Macron also stated that there would be no ban on diesel exports among G7 members and assured that the measures agreed upon by the group should help lower fuel prices. In recent weeks, the US had been studying a ban on diesel exports, which would have been a setback for European countries that rely heavily on imports to meet their production deficit for this fuel.

Following this announcement, oil prices fell sharply. The Brent barrel, which serves as a reference in Europe, dropped by more than 3% and fell below $100, while the West Texas barrel, a US reference, declined by 3.4% and lost $90. The International Energy Agency (IEA) had already coordinated a plan in March to release 400 million barrels shortly after the outbreak of the Iran war, but Trump had criticized Europe for not making those barrels available to the market quickly enough.

The occupant of the White House celebrated the change in posture and highlighted on the social media platform Truth that the process would begin immediately.