G7 Nations Agree to Release 100 Million Barrels of Oil to Ease Energy Crunch

The G7 countries have agreed to release 100 million barrels of oil, including a significant amount of diesel, to address the current energy supply shortage. This release will start immediately and continue over four months, with a focus on diesel in the first 20 days. The decision comes amid soaring diesel prices caused by the oil supply disruption linked to conflicts in the Middle East involving the U.S. and Iran.

Originally published by gnews