NewzOn Friday, October 2, 2026, in Paris, France, G7 leaders agreed to release a combined 100 million barrels of crude oil and diesel from their national reserves over a four-month period. The initiative aims to stabilize energy markets.
As part of the agreement, participating nations committed to refraining from imposing export restrictions on energy products and formally urged other global actors to follow the same policy.
According to specific implementation plans, the coordinated release will be facilitated through the International Energy Agency (IEA), with a substantial portion of the diesel reserves slated for release within the initial 20 days of the program.
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