# G7 agrees on oil release deal

> G7 nations release 100 million barrels of oil to ease energy supply fears.
- Title: G7 agrees on oil release deal · The Japan Times | Shortify
- Summary: G7 nations release 100 million barrels of oil to ease energy supply fears. G7 countries agreed to release 100 million barrels of diesel and crude oil to…
- Keywords: diesel, crude oil, energy supply, strategic reserves, united states, france, news, politics, world, agrees, oil, release
- Source: The Japan Times — https://japantimes.co.jp/business/2026/10/03/economy/g7-global-energy-supply-deal
- Author: No Author
- Published: 2026-10-03T00:33:00+00:00
- Read time: 1 min
- Topics: g7, diesel, crude oil, energy supply, strategic reserves, united states, france, news, politics, world
## G7 leaders agree
Group of Seven countries agreed to release 100 million barrels of diesel and crude oil to ease global energy supply concerns.
## Trump supports move
President Donald Trump hailed the decision and said the U.S. would not impose a threatened diesel export ban.
## Talks led by Macron
The announcement came following a video conference of G7 leaders chaired by French President Emmanuel Macron.
## U.S. pressure on Europe
Washington stepped up pressure on Europe to release strategic reserves and threatened a diesel export ban.
## G7 economies focus
The talks focused on coordinating a response to soaring fuel prices among Britain, Canada, Germany, Italy, Japan and the United States.
## Key takeaway

G7 countries agreed to release 100 million barrels of diesel and crude oil to address global energy supply concerns.