G7 nations bow to US pressure and avoid crippling diesel ban

Published: Oct 3, 2026 3:54 AM • Updated: Oct 3, 2026 4:00 AM • Original source

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Crude oil prices eased after G7 leaders bowed to US President Donald Trump’s demand to release oil and diesel reserves. Trump had threatened to ban all US exports of diesel if European nations didn’t agree on the measure.

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