G7 to release up to 100m barrels of emergency oil and diesel reserves
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Business category. Published on October 2, 2026 • Originally reported by Joanna Partridge, Jillian Ambrose and Mark Sweney. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Business category. Published on October 2, 2026 • Originally reported by Joanna Partridge, Jillian Ambrose and Mark Sweney. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Leaders agree a coordinated drawdown after surge in prices and Donald Trump’s threat to cut off US supplies
Leaders of G7 nations are to release up to 100m barrels of their emergency diesel and crude oil stockpiles after Donald Trump threatened to cut off supplies of US diesel.
The French President, Emmanuel Macron, said ministers from some of world’s largest economies had agreed to release stocks from their strategic oil reserves after crisis talks on Friday.
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