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Dear Diesel

Oct 2, 2026 · 0:30

Diesel is $6.37 a gallon in the US. Seven nations just agreed to release 100 million barrels of reserves.

The G7 agreed to release 100 million barrels of reserves over four months to bring down diesel prices, which average $6.37 a gallon in the US, after Washington pressed Europe to release stocks as an alternative to a US export ban.

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G7 nations to release diesel stocks as wars in Europe and Middle East constrain fuel supplies

CNBC · Oct 2, 2026

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