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.

  • humanspiral@lemmy.ca
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    5 days ago

    begs

    He has ordered colonies to withdraw from their diesel reserves under threat of cutting off their diesel imports. The colonial slaves are being forced to not maintain reserves as the US is telegraphing making a global financial crisis worse and permanent. The US brags about their economic success during this collapse by saying they have destroyed the rest of the world far worse than they are destroying the US.

    Colonial slaves are not critical of illegal Iran war for Israel, and are not demanding the removal of the US from NATO, or end to war.

  • humanspiral@lemmy.ca
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    6 days ago

    WSJ/US press repeating them, are pretending that 90% of prewar transit has occurred this one time at band camp. If it were true, China would be buying it and getting massive refining profits from exports. Iran has hit over 7 ships in last 2 weeks attempting to transit without its permission. Even if they were getting out some oil, region needs ships to go back into SoH.

  • ProwlsInSoup@lemmy.world
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    6 days ago

    I really hope spinless cowards who runs my home country won’t help him… they will probably help him…

  • wirebeads@lemmy.ca
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    6 days ago

    Donald Trump is a rapist. All this is happening because Donald Trump forced himself on little children.

  • Tja@programming.dev
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    7 days ago

    The European barrels are expected to hit the market over the next four months.

    We just need a month for paperwork and stuff, we’ll start around middle of November. Hope this helps!

    • boonhet@lemmy.zip
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      7 days ago

      He’d be a moron to do that tbh. Right now the US is massively profiting off the high energy prices. Not its people but its oil companies at least.

  • Impractical_Island@lemmy.world
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    7 days ago

    I’ll pay a nickel to suck every dick Trump adds to the economy in this way the war is going on oil so the drugs have more than there ever were before then.