U.S. President Donald Trump affirmed on Friday that European nations have just agreed to release a massive volume from their diesel reserves, stating in press remarks that the implementation of this move will commence immediately. This coincided with the International
Energy Agency confirming that global oil prices have begun heading downward following the decision to release 100 million barrels, as reiterated by the agency’s executive director, Fatih Birol, during media comments. Concurrently, news outlets revealed on Friday that tapping strategic
petroleum stockpiles remains an active option under consideration to curb rising market energy prices.
