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Macro Finance

G7 to Release Up to 100 Millions of Barrels of Diesel, Crude

Bloomberg Markets·October 2, 2026·1 min read

The Group of Seven nations are to release as much as 100 million barrels of emergency oil and diesel stocks after pressure from the Trump administration to quell rising fuel prices. The move aims to stabilize energy markets and reduce costs for consumers. Details on the timing and distribution of the release were not specified.

Read at Bloomberg Markets
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