Monday , October 5 2026

Tag Archives: crude oil strategic petroleum reserve

Global Fuel Crunch: G7 to Release 100 Million Barrels of Oil and Diesel from Emergency Reserves Amid US Pressure

In a sweeping joint intervention to arrest skyrocketing global energy prices, the Group of Seven (G7) nations, alongside international partner economies, have officially agreed to tap emergency strategic stockpiles to release up to 100 million barrels of crude oil and refined diesel. Coordinated under the operational umbrella of the International …

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