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G7 Moves to Release 100 Million Barrels to Counter Diesel Crisis

Business 03 Oct 2026
G7 Moves to Release 100 Million Barrels to Counter Diesel Crisis

The G7 and its partners are preparing an IEA-coordinated 100-million-barrel emergency release, front-loaded with diesel, to ease an acute refined-fuel shortage that has driven diesel prices to record highs.