G7 nations release 100 million barrels of oil to curb soaring fuel prices
- The Group of Seven agreed to deploy emergency reserves to stabilise rising global energy costs.
- Releases will take place over four months under coordination by International Energy Agency officials.
- Initial shipments focus heavily on diesel supplies to address record-high prices across major markets.
- Member nations aim to mitigate ongoing global market disruptions caused by international conflict escalation.
Source: newsonair.gov.in
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
