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G7 Oil Release: 100 Million Barrels to Ease Soaring Prices

G7 Oil Release: 100 Million Barrels to Ease Soaring Prices
AI-generated representative image: Industrial crude oil storage tanks and a refinery, illustrating emergency strategic oil reserves.

Coordinated IEA emergency diesel and crude reserve release begins immediately, lasting four months to curb record energy costs.

Oct 3, 2026 · 3:15 PM

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