The G7 will make 100 million barrels of oil and diesel available in a coordinated effort to curb additional price increases and avert a threatened U.S. ban on diesel exports. The move follows Trump's threat to restrict those shipments. Further details are expected as developments unfold.
G7 to free up 100 million barrels of oil and diesel after Trump threat
Source: BBC Business Summarised by News Hub Central
Original reporting
BBC Business: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
- Trump says US may ask Europe to release diesel reserves
- G7 to release 100m barrels from reserves to combat surging diesel prices – as it happened
- G7 to release up to 100m barrels of emergency oil and diesel reserves
- Trump says Europe agreed to release ‘massive amount’ of diesel reserves
- The G7 will release 100 million reserve barrels of diesel fuel over the next 4 months
- G7 to release 100 million barrels of oil and diesel, will it curb prices?
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