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G7 to release 100 million barrels of oil and diesel after Trump export ban threat
The coordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
The G7 has agreed to release 100 million barrels of oil and diesel in a bid to ease supply pressures that have caused prices to skyrocket.
The group of advanced economies, including the US, said the move would include a "substantial release" of diese... [2823 chars]
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