G7 to Release 100 Million Barrels of Oil as War Inflation Dominates IMF Talks

G7 countries agreed to release 100 million barrels of diesel and crude oil from emergency reserves. The agreement precedes the IMF-World Bank annual meetings in Bangkok, October 12-18, where the US-Israel war on Iran, in its eighth month, and inflation dominate. More than one billion barrels have been released since February 28.