G7 nations agree to release 100 million barrels of oil, including diesel, amid energy crunch
The release would begin immediately and take four months, starting with a "substantial" diesel release within the first 20 days. Diesel prices have soared globally due to the oil supply crunch brought on by fighting in the Middle East between the U.S. and Iran.
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- G7 To Release 100 Million Barrels Of Emergency Oil, Diesel Stocks Over 4 Months To Ease Fuel Prices freepressjournal.in
- G7 nations agree to release 100 million barrels of oil, including diesel pbs.org
- Canada and other G7 nations agree to release 100 million barrels of oil and diesel to curb price spikes financialpost.com
- G7 nations agree to release 100 million barrels of oil, including diesel, amid energy crunch cbc.ca