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G-7 countries to release up to 100 million barrels of diesel and crude oil reserves

NBC Business·October 2, 2026·1 min read
G-7 countries to release up to 100 million barrels of diesel and crude oil reserves

Group of Seven countries agreed to release tens of millions of barrels of diesel fuel and crude oil from emergency reserves to cap soaring gas prices. The coordinated move aims to ease supply pressures and cool energy costs for consumers and businesses. Details on the exact volume and timing were not disclosed in the announcement.

Read at NBC Business
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