WorldPingLeaders agree a coordinated drawdown after surge in prices and Donald Trump’s threat to cut off US supplies Leaders of G7 nations are to release up to 100m barrels of their emergency diesel and crude oil stockpiles after Donald Trump threatened to cu…
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Global energy prices have soared due to the US and Israel's war on Iran and Russia's war on Ukraine.
Brief by WorldPing · Original reporting by Al Jazeera
WorldPingThe co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
Brief by WorldPing · Original reporting by BBC News
WorldPingAfter increased pressure from Washington, the G7 held an emergency meeting on energy. The world's wealthiest nations say they will release 100 million barrels of oil and diesel fuel in their reserves.
Brief by WorldPing · Original reporting by NPR
The G7 will deploy 100 million barrels of reserves over the next four months, the group's leaders said in a joint statement.
Brief by WorldPing · Original reporting by CNBC World
EU countries are set for crisis talks on soaring diesel prices, with officials warning a U.S. export ban could hurt Europe’s economic outlook.
Brief by WorldPing · Original reporting by CNBC World
WorldPingPictures showed that the aircraft had substantial damage.
Brief by WorldPing · Original reporting by The Hindu
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