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G7 Bow to US Pressure, Release Diesel, Oil Stocks

The Trump administration ⁠had reportedly told Germany and France to draw down emergency diesel inventories or face ‌a potential US ​diesel export ban.

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The G7 countries have agreed to release 100 million barrels of diesel and crude oil from emergency reserves, and have pledged not to restrict energy exports. This decision came after pressure from US President Trump, who warned the EU that the US could impose a ban on diesel exports if it did not release its diesel reserves.

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Die G7 geben bis zu 100 Million Barrel Diesel und Rohöl aus strategischen Reserven frei. Energiesicherheitsexperte Frank Umbach sieht dahinter vor allem

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Het Laatste Nieuws broke the news in Kobbegem, Belgium on Friday, October 2, 2026.
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