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Back to stories
2 sources2h ago

G7 Agrees to Release Strategic Oil Reserves to Stabilize Global Markets

Global crude oil prices edge slightly lower after G7 nations pledged to release up to 100 million barrels of diesel and crude oil into the global market to stabilize supply amid ongoing Middle East tensions. The decision was reached by G7 leaders as

Lanka Truth•2h ago
By NHL Werasinghe
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What this story is about

People
  • Donald Trump2
  • Donald Trump.The
  • Emmanuel Macron
  • Scott Bessent
  • Ed Miliband
  • Fatih Birol
  • Smith
  • Trump
Organisations
  • European Union2
  • International Energy Agency."Taking
  • International Energy Agency
Places
  • United States3
  • Europe3
  • White House2
  • Iran2
  • United Kingdom
  • Saudi Arabia
  • Middle East
  • Yemen."Oil
Keywords
  • release3
  • diesel2
  • countries
  • stabilize
  • strategic
  • pressure
  • reserves
  • barrels
  • markets
  • million

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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Also reported by

2 newsrooms have reported this story

  • G7 countries agree on release of diesel and oil stocks after US pressureHiru News - English·17h ago
  • G7 to release 100 million barrels of oil and diesel after Trump export ban threatHiru News - English·1d ago
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