G7 to release 100 million barrels of diesel and other reserves through IEA
USO•G7 nations will release 100 million barrels of diesel and other reserves through the IEA, beginning immediately over four months, to try to stabilize world energy markets.
1. Coordinated reserve release
The G7 will coordinate the release of 100 million barrels through the IEA, with a substantial diesel release frontloaded within the first 20 days. The plan is to begin immediately and run over four months.
