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G7 agrees to release 100 million barrels of diesel and oil reserves

G7 leaders agreed to release 100 million barrels of diesel and other petroleum from emergency reserves, coordinated through the International Energy Agency, over four months, with a substantial diesel release in the first 20 days. They also pledged not to restrict energy exports to one another, heading off a threatened U.S. diesel export ban.

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Published Saturday, October 3, 2026. Spot an error? Email [email protected]. See our corrections log and standards.

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