Hassett cites potential of diesel reserve release

The article reports that G7 countries have agreed to coordinate the release of 100 million barrels of crude oil and refined fuel products from emergency reserves over four months to stabilize energy markets and lower fuel prices. The U.S. has urged allies to release refined petroleum products, particularly diesel, which can be supplied directly to markets. This coordinated effort aims to address global supply disruptions and high fuel prices amid ongoing geopolitical tensions.

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