G7 to release 100 million barrels of oil and diesel, will it curb prices?
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
Nayara Energy has announced an increase in fuel prices, raising petrol rates by Rs 5 and diesel by Rs 3 per litre.
This decision comes in response to climbing international crude oil costs.
International stories like this one shape diplomacy, travel, energy supply and security decisions well beyond the country involved, which is why WorldPing tracks every update on it in one place.
When each newsroom published on this story, oldest first — all times UTC.
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G7 to release 100 million barrels of oil and diesel, will it curb prices?
The original report was published by Times of India. WorldPing does not claim that reporting — this page summarises and contextualises it.
Read the full report at Times of IndiaLiving hubs that keep updating as this story develops.
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
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
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
After 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
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
WorldPingImmediate action is needed to help households struggling with bills this winter, says trade body Energy UK.
Brief by WorldPing · Original reporting by BBC Business