G7 agrees to release up to 100 million barrels from emergency oil reserves2026-10-07G7 leaders agreed to release up to 100 million barrels of crude oil and refined products over four months, coordinated by the International Energy Agency, to ease fuel-price pressures.The release will begin immediately, with a substantial amount of diesel due to reach the market within the first 20 days.G7 members pledged not to restrict energy-product exports among themselves, setting aside the threatened US ban on diesel shipments to Europe.The agreement comes as fuel prices rise and diesel supplies tighten amid the Middle East conflict and disruption to shipping through the Strait of Hormuz.The IEA said 325 million barrels of the March 400-million-barrel pledge had been released; an internal document seen by Euronews said the G7’s 100 million could be covered within that action if members fulfil their commitments.G7 countries also agreed to coordinate refinery maintenance and increase refinery use where feasible.IEA says 325 million barrels of emergency oil released, with 75 million still to come (Euronews)G7 countries to release up to 100 million barrels of diesel and crude oil reserves (NBC News)Emmanuel Macron : les pays du G7 vont libérer « jusqu’à 100 millions de barils » pour faire baisser les prix des carburants (L'Opinion)G7 agrees 100 million-barrel emergency oil release amid US pressure over diesel (Euronews)Carburants : ce qu’il faut retenir des déclarations des dirigeants du G7 (La Croix)G7 agrees to release oil reserves after US push (Politico Europe)Carburants : les déblocages des stocks stratégiques européens de gazole peuvent-ils vraiment faire baisser les prix ? (L'Opinion)Exclusive: G7’s 100-million-barrel pledge tied to unfinished March emergency oil release (Euronews)