G7 and Europe Coordinated Release of 100 Million Barrels of Oil as Diesel Prices Surge
Reuters reports exclusively that G7 nations have agreed to coordinate the release of 100 million barrels of oil and gasoline, including a significant volume of diesel, amid surging diesel prices. President Trump publicly confirmed the announcement, marking a new phase of transatlantic energy coordination and underscoring the structural vulnerabilities of the global energy market under the combined pressure of tight supply and geopolitical risk premia.