Saturday, 3 October 2026 Newsarchy UK live index
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oil reserves

G7 releases 100m barrels of oil, front‑loaded diesel to curb price spikes

G7 releases 100m barrels of oil, front‑loaded diesel to curb price spikes

The G7 has agreed to release up to 100 million barrels of crude oil and diesel from strategic reserves, front-loading supplies to combat soaring fuel prices.

Business ·2 Oct 2026, 22:35 ·Maeve Turner 4 min read