G7 Agree on Coordinated Oil Release of 100 M. Barrels
Paris/Brussels, Oct. 2 (Jiji Press)--The leaders of the Group of Seven major democracies on Friday agreed to release 100 million barrels of oil from their strategic reserves through the International Energy Agency over the next four months, in an effort to ease tight supply and curb soaring diesel prices amid escalating tensions in the Middle East. The additional release will start immediat...
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