G7 to release 100 million barrels of oil and diesel after Trump export ban threat

BBC: In a joint statement, the G7 said member countries had now agreed to “refrain from export restrictions on energy and energy products” on one another.

The G7 includes the US, UK, Canada, Japan, Germany, Italy and France, with the EU also represented at its meetings.

Trump had warned he would ban diesel exports from the US if European countries did not agree to put more of their own stocks onto the market…

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