The International Energy Agency (IEA) warns that global gasoil market tightness could extend into 2027, raising concerns over fuel supply availability and market pressures. #IEA #Gasoil #GlobalEnergyMarket #FuelSupply #OilMarket #EnergyNews #GasoilMarket #EnergyCrisis #OilPrices #GlobalFuelMarket #EnergyOutlook #2027Outlook About Channel: Welcome to...

Last week, the G7 promised to release 100 million barrels of oil and diesel from emergency reserves after the Trump administration threatened to ban U.S. diesel exports. But as per new report, the pledge is largely about finishing...

G7 leaders have agreed to release up to 100 million barrels from strategic oil reserves over four months, with a major diesel release in the first 20 days, as the Iran war and Hormuz disruptions pressure global energy...

The move comes as global energy markets face severe volatility linked to the continuing conflict with Iran and disruptions around the Strait of Hormuz, a critical route for international energy shipments. The G7 says the coordinated release is...