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G7 to release 100M barrels of fuel amid high prices

The Hill·October 2, 2026·1 min read
G7 to release 100M barrels of fuel amid high prices

G7 leaders agreed to release up to 100 million barrels of fuel from strategic reserves within four months to combat skyrocketing prices, French President Emmanuel Macron announced Friday on social platform X. European countries will tap their stockpiles as part of the coordinated effort to bring down costs amid recent price surges.

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