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At a time when petrol and diesel prices in the US are skyrocketing, the G7 alliance has brought welcome news. The member nations have announced plans to soon release 100 million barrels of oil from their buffer reserves. Trump stated that a significant portion of this release would consist of diesel. Fuel prices in the US have been rising due to the conflict involving Iran. However, seeking to avert public backlash during the upcoming midterm elections on the 3rd of next month, Trump requested the release of oil from the G7 nations' buffer stocks into the market.

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