World News
G7 to release millions of barrels of oil and diesel after Trump threat
Source: feeds.bbci.co.uk · Published
The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
Related stories
The G7 will release 100 million reserve barrels of diesel fuel over the next 4 months
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.
NPR Topics: World ·
US pressures Europe to release diesel reserves as Trump threatens export ban
President Donald Trump has threatened to ban diesel exports in a bid to ease prices in the US ahead of the November elections.
feeds.bbci.co.uk ·
Watch: Why has UK diesel price hit an all time high?
Diesel has now hit an average of £2 a litre in the UK, the RAC motoring group says, with petrol prices also rising.
feeds.bbci.co.uk ·
Diesel export ban: will Trump push global energy prices even higher? - The Latest
As the fallout from the Iran conflict continues, the price of diesel has soared to record highs in the UK, Europe and US. With his country facing an increase of 70% in costs compared with this time last year, Donald Trump is threatening a ban on US diesel exports to keep costs lo
Business | The Guardian ·
G7 nations bow to US pressure and avoid crippling diesel ban
Crude oil prices eased after G7 leaders bowed to US President Donald Trump’s demand to release oil and diesel reserves.
Al Jazeera – Breaking News, World News and Video from Al Jazeera ·