G7 to release up to 100 million barrels of oil and diesel from reserves, Macron says

Leaders of the Group of Seven nations have agreed to release up to 100 million barrels of oil and diesel from strategic reserves. The decision follows pressure from the United States, which had considered an export ban on diesel fuel.

This coordinated release aims to stabilize energy markets and alleviate shortages, particularly in Europe. The move reflects the ongoing challenges in global energy supply chains and the G7's efforts to manage their impact on economies and consumers.