EnergyDEVELOPING
G7 plans to release 100 million barrels of oil and diesel
G7 countries plan to release 100 million barrels of oil and diesel. The move comes as global energy prices have surged amid the US and Israel’s war on Iran and Russia’s war on Ukraine.
Preferred on Google
Text size
G7 countries plan to release 100 million barrels of oil and diesel onto the market. The source does not specify when the release would take place or how it would be carried out.
The plan comes as global energy prices have surged. The source provides no estimate of how much the move could affect prices.
Prices rise amid two wars
The source links the increase to the US and Israel’s war on Iran and Russia’s war on Ukraine. It includes no further explanation of the price surge or reaction from governments and markets.
What we know
- G7 countries plan to release 100 million barrels of oil and diesel.
- Global energy prices have surged.
- The source links the increase to the US and Israel’s war on Iran and Russia’s war on Ukraine.
What is being verified
- The newsroom is checking the report that g7 countries plan to release 100 million barrels of oil and diesel.
- Reporting from Al Jazeera English is being compared; a second independent confirmation is not yet available.
View sources1
COMMUNITY
Discussion
Sign in to join the discussion.
No comments yet. Start the discussion.