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G7 to release 100 million barrels of oil and diesel after Trump export ban threat
The coordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
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Emmanuel Macron chaired a meeting of G7 leaders to agree the release of fuel reserves The G7 has agreed to release 100 million barrels of oil and diesel in a bid to ease supply pressures that have caused prices to skyrocket.
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