G7 Yields to US Pressure, Agrees to Release 100 Million Barrels of Diesel and Fuel Reserves; Iran, Not Trump's Imagination, Shapes Reality, Iranian Official Says

G7 Yields to US Pressure, Agrees to Release 100 Million Barrels of Diesel and Fuel Reserves

Under pressure from the United States to curb rising fuel at the pumps and ease pressure on fuel markets, the Group of Seven (G7) countries have agreed to coordinate the release of 100 million barrels of diesel and other petroleum reserves through the International Energy Agency (IEA). The US war on Iran, which began on February 28, has led to the closure of the Strait of Hormuz and a disruption in oil flows, causing a surge in oil prices. To prevent the price of oil from exceeding $110, the US and several other countries have tapped into their strategic reserves. Despite this, the price of oil—especially diesel—has risen significantly. To prevent diesel prices from climbing even higher, the US urged G7 countries, particularly France and Germany, to release their strategic reserves

The release is expected to take place over a four-month period and will begin immediately. According to a joint statement issued by G7 leaders, the plan will prioritize diesel supplies during the initial phase, with member states and partner countries committing to a substantial, front-loaded release within the first 20 days.

“We will implement our commitments with a coordinated release through the IEA of 100 million barrels to begin immediately over four months, including a frontloaded substantial diesel release within the first 20 days by G7 members and partners,” the leaders said. “We will convene in the context of the IEA in the coming days to discuss the possibility of additional diesel releases as necessary.”

The decision is intended to improve the availability of refined petroleum products, particularly diesel, which is widely used in transportation, agriculture, manufacturing, heating, and power generation. Tight diesel supplies have contributed to higher costs across several sectors and have added to broader inflationary pressures.


Iran, Not Trump's Imagination, Shapes Reality, Iranian Official Says

In response to Trump claim that  the United States has either already won the war against Iran or is on the verge of victory, Iran’s Supreme National Security Council Secretary, Mohsen Rezaii, stated on Friday that U.S. President Donald Trump’s claims of victory over Iran have gone beyond fantasy, syaing that the realities on the ground are determined by the Iranian people, their military, and their missiles.

In a post on X, Rezaii remarked that after “one failure after another,” the “worst president in American history just keeps talking,” adding that Trump’s words have “even outrun his own fantasies.”

“You can win every day in your own imagination. But reality is shaped by Iran, by its people, its soldiers, and its missiles,” he wrote.