IEA will finalize the G7 plan to release 100 million barrels of oil reserves

According to foreign media reports, the International Energy Agency (IEA) Council is expected to decide on the specific arrangements for the release of emergency reserves of diesel and crude oil announced by the Group of Seven (G7) during the meeting on October 14 to 15. G7 member countries agreed to release a total of 100 million barrels of diesel and crude oil and committed not to impose energy export restrictions.