G7 countries agree on release of diesel and oil stocks after U.S. pressure

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Group of Seven governments agreed on Friday to release 100 million barrels of diesel and crude oil from emergency reserves. The decision followed a pressure campaign led by President Donald Trump, whose administration pushed hard for the European Union to draw down its diesel stockpiles. The countries also pledged to refrain from restricting energy exports.

(Reuters) – Group of Seven countries agreed on Friday to release 100 million barrels of diesel and crude oil from emergency ​reserves and pledged to refrain from energy export restrictions after pressure from U.S. President Donald Trump. The U.S. led a pressure campaign on the European Union to draw down ‌emergency diesel inventories, with the […] The post G7 countries agree on release of diesel and oil stocks after U.S. pressure appeared first on Kaieteur News .

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