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The accelerated diesel release could ease near-term pressure but won’t solve the underlying fuel shortage, while Trump’s decision to drop a U.S. diesel export ban removes a major threat to European supplies.
WASHINGTON — The Group of Seven wealthy democracies said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting with “substantial” […]
G7’s 100M-barrel reserve release may boost U.S. oil stocks as inventories stay tight and exports continue, supporting high prices. Click here to read more.