G7 to release 100 million barrels of oil and diesel after Trump export ban threat — Live Feedhttps://www.live-feeds.com/feed/g7-to-release-100-million-barrels-of-oil-and-diesel-after-trump-export-ban-threatContinuously updated, source-cited coverage. G7 to Release 100 Million Barrels of Oil and Diesel Following Trump Threatshttps://www.live-feeds.com/feed/g7-to-release-100-million-barrels-of-oil-and-diesel-after-trump-export-ban-threathttps://www.live-feeds.com/feed/g7-to-release-100-million-barrels-of-oil-and-diesel-after-trump-export-ban-threat#u107396Tue, 06 Oct 2026 20:00:56 +0000G7 nations have agreed to release 100 million barrels of oil and diesel through the IEA to combat soaring fuel prices. The move follows pressure from the Trump administration, which had threatened export bans on diesel. While the White House now indicates it will not implement such a ban, the agreement provides a political win for Trump ahead of the November midterm elections. European officials have reacted with anger, with some describing the White House demands for diesel releases as blackmail.Why it mattersRecord US diesel prices are currently impacting farmers, truckers, and the Federal R