The Group of Seven Nations agreed Friday to release 100 million barrels of oil from its stockpiles—following a desperate plea from the White House.
The G7 held an emergency meeting Friday morning to discuss global energy costs. The discussion came in the wake of a pressing call between Donald Trump and French President Emmanuel Macron, during which the U.S. leader asked for assistance amid the current oil crisis and floated the idea of banning U.S. diesel exports, according to CBS Chief Foreign Affairs Correspondent Margaret Brennan.
Donald Trump announced after the meeting that “Europe has just agreed to release a massive amount of their heavily stocked Diesel Oil. The process will begin immediately.”
The European barrels are expected to hit the market over the next four months.
Wat
the Americans have a government that doesn’t need to be elected anymore
they don’t have to care about Americans which is why oil prices for Americans aren’t a problem
we’ll see about that in about a month when the USA has the midterm elections.
I believe they’re saying that “no one in the USA gov’t cares about the consequences of raising the cost of gas to US consumers”