G7 Announces 100M Barrel Oil Release from Reserves
G7 leaders announced a coordinated release of 100 million barrels of emergency oil stocks through the IEA, to begin immediately and be completed over four months, following pressure from U.S. President Donald Trump.
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At publication → CurrentBRENTOIL100.97 → 102.21+1.2%
CL89.69 → 91.14+1.6%