
G7 to release up to 100 million barrels of oil as diesel hits £2 a litre
G7 leaders have bowed to Donald Trump's demands, agreeing to release up to 100 million barrels of their diesel and crude oil reserves within four months.
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The US President had threatened to cut US diesel exports if they didn't - keen to bring down fuel prices for voters ahead of next month's mid-term elections.
Prices continue to rise here too - diesel reaching an average of two pounds a litre today for the first time.
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The US President had threatened to cut US diesel exports if they didn't - keen to bring down fuel prices for voters ahead of next month's mid-term elections.
Prices continue to rise here too - diesel reaching an average of two pounds a litre today for the first time.
-------
Get more news at our site - https://www.channel4.com/news/
Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe
Follow us:
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