G7 nations agreed to release 100 million barrels of oil, including diesel, a boost for Trump
President Trump announced that Europe has agreed to immediately release diesel reserves. The move comes as the administration faces pressure to address record-high fuel prices ahead of the midterm elections.
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 prices in the United States, where President Donald Trump says the diesel release will happen “immediately.”
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