G7’s 100 Million Barrel Release Is Mostly Already Priced In
Following pressure from U.S. President Donald Trump, G7 leaders announced on Friday a coordinated release of 100 million barrels of emergency oil stocks through the IEA, to begin immediately and be completed over four months. Previously, Trump threatened to ban U.S. diesel exports in a bid to lower record-high domestic fuel prices ahead of the November 2026 midterm elections, with diesel prices re
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