Politics
G7 to release 100 million barrels of emergency oil and diesel reserves
October 2, 2026 at 05:30 PM
Coverage
7 reports · 3 in Arabic, 4 in English · over 9 hours
BNBBC News
The Papers: 'G7 strikes oil deal' and 'Alison's TV heart scare'
(opens the publisher’s site)
BABBC Arabic
مجموعة السبع تعتزم طرح 100 مليون برميل من النفط والديزل عقب تهديد ترامب بحظر التصدير
(opens the publisher’s site)
MAMasrawy
ترامب: أوروبا توافق على الإفراج عن مخزونات الديزل
(opens the publisher’s site)
BNBBC News
G7 to release 100 million barrels of oil and diesel after Trump export ban threat
(opens the publisher’s site)
BNBBC News
Diesel prices in the UK have hit an all time high - here's why
(opens the publisher’s site)
TGThe Guardian
G7 to release up to 100m barrels of emergency oil and diesel reserves
(opens the publisher’s site)
MAMasrawy
مجموعة السبع تعلن طرح 100 مليون برميل من الديزل عبر وكالة الطاقة الدولية
(opens the publisher’s site)G7 leaders agreed to release up to 100 million barrels of emergency oil and diesel reserves over four months to bring down fuel prices.
- The G7 confirmed the coordinated release through the International Energy Agency on Friday, front-loading a substantial diesel tranche within the first 20 days.
- Macron said the drawdown aims to bring down petroleum product prices and that member states will not restrict energy trade between partners.
- Trump said Europe had agreed to release "a massive amount" of its diesel stockpiles, with the process beginning immediately.
- The G7 condemned Iran's attacks on its neighbors and reaffirmed sanctions on Russia.
- The Trump administration warned Germany and France they could face a US diesel export ban unless they drew from emergency reserves.
- EU countries discussed a French proposal to release additional diesel stocks under US pressure to curb fuel prices.
- The RAC said UK diesel prices exceeded £2 per litre for the first time, with no sign of the rise slowing.