G7 nations have agreed to release up to 100 million barrels of crude oil and diesel from their reserves in the coming weeks as fuel prices surge.
The move will begin with substantial releases of diesel, which has recently reached record-high prices in the United States.
The decision comes amid growing concerns over fuel supply and rising energy costs, with the US pushing for coordinated action from its G7 partners. The release is aimed at easing pressure on fuel markets and helping bring down prices for consumers and businesses.
