Brief
Trump claims Europe agreed to massive diesel release as G7 announces 100 million‑barrel plan
Trump posted on Truth Social that Europe had agreed to release a massive diesel stockpile, coinciding with the G7's plan to free up up to 100 million barrels of oil and diesel.
By Felo News Desk · Published
President Donald Trump posted on Truth Social that Europe had "just agreed to release a massive amount of their heavily stocked Diesel Oil" as the Group of Seven (G7) announced a coordinated release of up to 100 million barrels of strategic oil reserves over four months.
What happened
The G7 statement, issued after a meeting chaired by French President Emmanuel Macron, said the release would be coordinated through the International Energy Agency and would include a "front‑loaded substantial diesel release within the first 20 days" by members and partners. The plan covers both crude oil and diesel, with the diesel tranche expected to begin immediately.
What the reports add
Al Jazeera noted that the G7 release follows rising diesel prices in the United States, where a gallon hit a record $6.52 on September 22, and that U.S. diesel inventories fell to a record low of 107.9 million barrels on September 11. The outlet also highlighted that the announcement came after Trump threatened to ban U.S. diesel exports to Europe if reserves were not tapped.
What was said
Trump wrote on Truth Social that Europe "just agreed to release a massive amount of their heavily stocked Diesel Oil". The G7 statement, quoted by Al Jazeera, said the release would be "coordinated through the IEA" and would be "front‑loaded" in the first 20 days.
How it came about
Trump has repeatedly pressured European nations, especially Germany and France, to release diesel reserves amid soaring prices caused by the war in the Strait of Hormuz. Earlier this week, Felo News reported on Trump's request for Europe to tap diesel reserves and on the G7's agreement to release up to 100 million barrels after a phone call between Trump and Macron.
Key facts
- The G7 announced a release of up to 100 million barrels of oil and diesel over four months. (aljazeera.com)
- Trump posted on Truth Social that Europe had agreed to release a massive diesel stockpile. (aljazeera.com)
- The diesel portion is to be front‑loaded within the first 20 days of the release. (aljazeera.com)
Timeline
- 2026-09-11 — U.S. diesel inventories hit a record low of 107.9 million barrels.
- 2026-09-22 — U.S. diesel price reached a record $6.52 per gallon.
- 2026-10-02 — G7 statement on coordinated oil and diesel release issued.
Sources
- [1] aljazeera.com — originally reported as “G7 announces oil reserve release, as Trump hails Europe diesel deal”
