G7 agrees to release 100 million barrels of oil and diesel

The G7 countries have agreed to release 100 million barrels of diesel and crude oil from emergency reserves through the IEA. This strategic move is intended to cool surging fuel prices associated with the Iran war. President Donald Trump has expressed support for the decision as the Group of Seven seeks to stabilize energy markets. The coordinated release of these reserves aims to mitigate the economic impact of current geopolitical tensions on global fuel costs.