{
  "id": 11471879,
  "title": "G7 to release 100 million barrels of oil as fuel prices soar",
  "url": "https://urgent.news/2026/10/02/g7-to-release-100-million-barrels-of-oil-as-fuel-prices-soar",
  "topic": "world",
  "section": "World",
  "published": "2026-10-02T15:10:49.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/energy/g7-to-release-100-million-barrels-of-oil-as-fuel-prices-soar-1.500696409"
  },
  "original_language": "en",
  "account": "The Group of Seven industrial nations announced plans to release 100 million barrels of oil, starting with substantial amounts of diesel, as fuel prices have soared to record highs in the United States. President Donald Trump expressed his intention to address the issue immediately on social media, citing Europe's agreement to release their heavily stocked diesel oil. The release is expected to begin right away, with the International Energy Agency coordinating the effort to combat soaring fuel prices.",
  "summary": "The Group of Seven industrial nations said they agreed to release 100 million barrels of oil, starting with \"substantial\" amounts of diesel after the fuel recently hit record high prices in the United States, where President Donald Trump said the diesel release would happen \"immediately.\" Trump and his Republican Party face pressure to address surging prices ahead of November's midterm elections.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The Sydney Morning Herald",
        "title": "G7 to release 100 million barrels of oil to combat soaring fuel prices",
        "url": "https://urgent.news/2026/10/02/g7-to-release-100-million-barrels-of-oil-to-combat-soaring-fuel-prices",
        "published": "2026-10-02T15:58:55.000Z"
      },
      {
        "outlet": "The Age",
        "title": "G7 to release 100 million barrels of oil to combat soaring fuel prices",
        "url": "https://urgent.news/2026/10/02/g7-to-release-100-million-barrels-of-oil-to-combat-soaring-fuel-prices-11474034",
        "published": "2026-10-02T15:58:55.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "G7 to release 100 million barrels of oil in attempt to tame soaring fuel prices",
        "url": "https://urgent.news/2026/10/02/g7-to-release-100-million-barrels-of-oil-in-attempt-to-tame-soaring",
        "published": "2026-10-02T18:09:30.000Z"
      },
      {
        "outlet": "Fast Company",
        "title": "G7 nations to release 100 million barrels of oil and diesel fuel to curb high prices",
        "url": "https://urgent.news/2026/10/02/g7-nations-to-release-100-million-barrels-of-oil-and-diesel-fuel-to",
        "published": "2026-10-02T18:30:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}