Europe to Release Massive Diesel Oil Stockpiles Amid Energy Crisis

President Trump announced on Truth Social that Europe has agreed to release a 'massive amount' of diesel oil from its inventories, starting immediately. French President Macron confirmed this, but did not provide further details.

The move is seen as part of the G7's efforts to address the global energy crisis. According to Trump, the G7 may also release up to 100 million barrels of oil in total.

Crude oil futures have been affected by the news, adding to their losses on Friday.