G7 Moves to Release 100 Million Barrels of Oil and Diesel Through IEA as Energy Markets Face Severe Supply Pressure
The Group of Seven has agreed to coordinate the release of 100 million barrels of oil and refined petroleum products through the International Energy Agency in an attempt to ease severe pressure on global energy markets, with a substantial quantity of diesel to be released within the first 20 days. The decision comes as governments confront exceptionally tight fuel supplies, elevated diesel price…
