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.
no, he didn’t beg
he threatened to stop selling US energy to EU
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.
He’s bankrupted casinos before so why not his own oil industry
if the goal is to further disrupt the EU then it would be a smart next step
oil prices for Americans are of no consequence anymore too