https://www.live-feeds.com/feed/g7-countries-to-release-up-to-100-million-barrels-of-diesel-and-crude-oil-reservesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/g7-countries-to-release-up-to-100-million-barrels-of-diesel-and-crude-oil-reserveshttps://www.live-feeds.com/feed/g7-countries-to-release-up-to-100-million-barrels-of-diesel-and-crude-oil-reserves#u101124Mon, 05 Oct 2026 03:11:44 +0000G7 countries will release up to 100 million barrels of crude oil and diesel reserves to lower soaring fuel prices. The agreement follows intense pressure from the United States, which had threatened to ban diesel exports to Europe if France and Germany did not release their own stocks. Following the G7 deal, Donald Trump ruled out the export ban and stated that Europe agreed to release a "massive amount" of diesel. Market reactions show oil prices have trended lower following the announcement.Why it mattersThe move aims to tame global fuel costs during a period of price volatility. T