'They just agreed…': Trump gets his way with Europe, G7 to release 100m barrels of diesel reserves

By The Economic Times

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US President Donald Trump announced that Europe has agreed to release “a massive amount of their heavily stocked diesel oil,” following days of pressure to take action to cool surging fuel prices. “The process will begin immediately,” Trump posted on Truth Social on Friday. Trump spoke with French President Emmanuel Macron on Thursday evening and with the G7 leaders this morning to negotiate the release of European diesel stockpiles The G7 has agreed to release 100 million barrels of oil from strategic reserves as governments seek to ease soaring fuel prices. A substantial amount of diesel is expected to enter the market within the first 20 days of the coordinated release. #DonaldTrump, #G7, #Europe, #Diesel, #OilReserves, #StrategicReserves, #FuelPrices, #OilRelease, #EmmanuelMacron, #EnergyCrisis ► Subscribe to The Economic Times for the latest video updates. It's free! - https://www.youtube.com/TheEconomicTimes?sub_confirmation=1 ► More Videos @ ETTV - https://economictimes.indi

Tags: economic times, ET, latest news, news today, news, trending, viral, trending videos, viral videos, trending news, big news, #DonaldTrump, #G7, #Europe, #Diesel, #OilReserves, #StrategicReserves, #FuelPrices, #OilRelease, #EmmanuelMacron