G7 to Share Stored Oil and Fuel to Avoid Shortages

G7 leaders agreed Oct. 2 to release up to 100 million barrels — 50 million diesel and 50 million crude (unrefined) oil — through the International Energy Agency, which manages emergency reserves. It followed Donald Trump's threat to stop U.S. diesel exports unless Europe used its stocks. Members promised no export bans, with ministers to weigh more releases.