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BUSINESSThe Hill·14h ago

G7 to release 100M barrels of fuel amid high prices

Photo · The Hill
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President Trump announced that Europe has agreed to release a significant amount of diesel from its stockpiles to help address rising prices in the U.S.

Major economies will release fuel, including diesel, from their stockpiles as prices have skyrocketed in recent weeks. The Group of Seven (G7), which includes Canada, France, Germany, Italy, Japan, the U.K. and the U.S., said in a statement Friday that it would “begin immediately” releasing 100 million barrels of fuel over the next four months....

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