G7 agrees to release up to 100 million barrels of oil from reserves

NAMPA / DPA

2026-10-02

Paris (dpa) - The leaders from G7 nations have agreed to coordinate the release of oil emergency reserves in response to soaring fuel prices, calling for 100 million barrels of crude oil to be released over four months starting immediately, the group said in a joint statement on Friday. The statement said the release was part of a decision taken in March and should now be implemented. The G7 nations held a video conference beforehand, which was a......

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