Brussels, Belgium, Oct 29, 2026 (AFP) - EU nations vow to release 42.6 mn barrels of oil after G7 pledge

NAMPA / AFP

2026-10-29

A dozen European countries pledged Thursday to jointly release 42.6 million barrels of oil by the end of January, in line with a G7 deal struck this month to ease global energy supply concerns. "EU member states have reaffirmed their commitment to an accelerated release of 42.6 million barrels from strategic reserves over the next months, and around half of this will be diesel," the EU's energy commissioner Dan Jorgensen told reporters. The 12 co......

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