Investing.com -- President Donald Trump on Friday said Europe had agreed to release a “massive amount” of diesel from their fuel inventories and that the process would “begin immediately.”

Separately, Bloomberg News reported that the Group of Seven nations would release as much as 100 million barrels of emergency oil and diesel stocks. The release would be coordinated by the International Energy Agency and will take place over the next four months, Bloomberg said, citing remarks made by French President Emmanuel Macron to reporters.

This is a developing story, please check back for updates

Original Article