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PARIS, Oct 2 (Reuters) – The G7 group of nations will undertake a co-ordinated release of 100 million barrels of diesel and other reserves through the International Energy Agency (IEA) to try and stabilise world energy markets, according to a joint G7 leaders’ statement on Friday.
“We will implement our commitments with a coordinated release through the IEA of 100 million barrels to begin immediately over 4 months, including a frontloaded substantial diesel release within the first 20 days by G7 members and partners,” said the statement, released by the office of French President Emmanuel Macron.
Reporting by Sudip Kar-Gupta and Michel Rose; Editing by Aidan Lewis
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