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G7 Agrees to Release 100 Million Barrels Diesel

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Story summary
  • The U.S.-led G7 agreed to release 100 million barrels of diesel and crude from reserves.
  • G7 pledged not to impose export restrictions after pressure from President Donald Trump.
  • Houthis launched missiles and drones at Saudi Aramco sites in Riyadh and Khurais, citing 50 Saudi-led strikes.
  • Aramco cut November Asian crude prices to six-year lows while Brent stayed above $100 per barrel.