{"id":2185869,"date":"2026-10-08T12:38:00","date_gmt":"2026-10-08T09:38:00","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2185869"},"modified":"2026-10-08T12:38:00","modified_gmt":"2026-10-08T09:38:00","slug":"exclusive-g7s-100-million-barrel-pledge-tied-to-unfinished-march-emergency-oil-release","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2185869","title":{"rendered":"Exclusive: G7\u2019s 100-million-barrel pledge tied to unfinished March emergency oil release"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/94\/43\/42\/1200x675_cmsv2_ab370565-1d94-56b6-a244-22982661505f-9944342.jpg&#8221;]<\/p>\n<article id=\"abe-2932124-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2932124\" data-cid=\"9945048\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932124-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/49\/33\/189x106_cmsv2_c1fd9cd7-b403-5ff0-b073-7d637b7ffe29-9944933.jpg\" loading=\"lazy\" alt=\"FILE: A crane hoists an Atlantic bluefin tuna during the opening of the tuna fishing season in the port of Barbate, southern Spain, in April 2011.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<div class=\"the-media-object__title  \">\n<p>    EU debates harsh working conditions for fishers: &#8216;I had no other choice&#8217;\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2932099-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2932099\" data-cid=\"9945006\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932099-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/50\/06\/189x106_cmsv2_acda2121-51ee-5b59-a532-df6fcf94b247-9945006.jpg\" loading=\"lazy\" alt=\"Students protest against under-resourced schools at the Place de la Bastille in Paris, 8 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \"><span class=\"c-article-title__prefix--red\">Breaking news.<\/span><\/p>\n<p>    M\u00e9lenchon declares \u2018Bastille retaken\u2019 after major student rally\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2932088-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2932088\" data-cid=\"9944990\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932088-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/48\/22\/189x106_cmsv2_b5ad7ec9-8c08-5a2f-b2f1-150e2046b84b-9944822.jpg\" loading=\"lazy\" alt=\"The dry bed of a river in France, illustration\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Earth News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Drought: groundwater levels in France remain very low\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2932108-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2932108\" data-cid=\"9944961\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932108-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/49\/15\/189x106_cmsv2_05fac46a-a3e4-5554-b213-7e05bfd1b5ed-9944915.jpg\" loading=\"lazy\" alt=\"From left to right: Andrey Fedyaev (Roscosmos), Jack Hathaway, Jessica Meir (NASA) and Sophie Adenot (ESA) aboard SpaceX&apos;s Dragon spacecraft, on 6 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Space<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Astronaut Sophie Adenot returns to Earth after record space mission\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2932124-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2\" data-nid=\"2932124\" data-cid=\"9945048\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932124-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/49\/33\/189x106_cmsv2_c1fd9cd7-b403-5ff0-b073-7d637b7ffe29-9944933.jpg\" loading=\"lazy\" alt=\"FILE: A crane hoists an Atlantic bluefin tuna during the opening of the tuna fishing season in the port of Barbate, southern Spain, in April 2011.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<div class=\"the-media-object__title  \">\n<p>    EU debates harsh working conditions for fishers: &#8216;I had no other choice&#8217;\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2932099-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2\" data-nid=\"2932099\" data-cid=\"9945006\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932099-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/50\/06\/189x106_cmsv2_acda2121-51ee-5b59-a532-df6fcf94b247-9945006.jpg\" loading=\"lazy\" alt=\"Students protest against under-resourced schools at the Place de la Bastille in Paris, 8 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \"><span class=\"c-article-title__prefix--red\">Breaking news.<\/span><\/p>\n<p>    M\u00e9lenchon declares \u2018Bastille retaken\u2019 after major student rally\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2932088-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2\" data-nid=\"2932088\" data-cid=\"9944990\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932088-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/48\/22\/189x106_cmsv2_b5ad7ec9-8c08-5a2f-b2f1-150e2046b84b-9944822.jpg\" loading=\"lazy\" alt=\"The dry bed of a river in France, illustration\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Earth News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Drought: groundwater levels in France remain very low\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2932108-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2\" data-nid=\"2932108\" data-cid=\"9944961\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932108-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/49\/15\/189x106_cmsv2_05fac46a-a3e4-5554-b213-7e05bfd1b5ed-9944915.jpg\" loading=\"lazy\" alt=\"From left to right: Andrey Fedyaev (Roscosmos), Jack Hathaway, Jessica Meir (NASA) and Sophie Adenot (ESA) aboard SpaceX&apos;s Dragon spacecraft, on 6 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Space<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Astronaut Sophie Adenot returns to Earth after record space mission\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Europe<\/p>\n<p>                          Europe News<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            Exclusive: G7\u2019s 100-million-barrel pledge tied to unfinished March emergency oil release<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-controller=\"video-player\" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/43\/42\/1536x864_cmsv2_ab370565-1d94-56b6-a244-22982661505f-9944342.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"European Commission President Ursula von der Leyen, right, and Fatih Birol, Executive Director of the International Energy Agency, address a media conference, December 2025.\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              European Commission President Ursula von der Leyen, right, and Fatih Birol, Executive Director of the International Energy Agency, address a media conference, December 2025.<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">Harry Nakos\/Copyright 2025 The AP. All rights reserved.<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0Harry Nakos\/Copyright 2025 The AP. All rights reserved.\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspMarta Pacheco\n<\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1791463080\">\n                    Published on                 <time datetime=\"2026-10-08 14:38:00 +02:00\">08\/10\/2026 &#8211; 14:38 GMT+2<\/time><span class=\"c-article-publication-date__bullet\">\u2022<\/span>Updated<br \/>\n                                     <time datetime=\"14:42\">14:42<\/time><\/div>\n<\/div>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span 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class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"24\" height=\"24\" alt=\"threads\" loading=\"lazy\"><span>Threads<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"48\" height=\"48\" alt=\"threads\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"24\" height=\"24\" alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        The October G7 announcement aims to accelerate and complete the IEA\u2019s March emergency oil-stock release, rather than add a new 100-million-barrel pledge to the original 400 million, according to a document seen by Euronews.<br \/>\n    <\/h2>\n<div class=\"c-article-content js-article-content\">\n<p>The G7&#8217;s proposed release of up to 100 million barrels of oil to curb soaring energy prices aims to complete the outstanding portion of the 400-million-barrel emergency release coordinated by the International Energy Agency (IEA) in March, according to an internal document seen by Euronews.<\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>&#8220;Of its 400 million barrels, 326 million have been released. Because some members over-delivered, the 100 million barrels in the G7 statement can be covered within the existing action if everyone fulfils their commitments,&#8221; reads the document.<\/p>\n<p>The IEA members backed accelerating the March releases and completing them \u201cas soon as possible\u201d at an IEA meeting alongside the European Commission on 7 October.<\/p>\n<p>The rush followed an ultimatum from Washington, which pressured Europe to release more of its crude oil and diesel or face an export ban on diesel. Global oil markets remain volatile with ongoing disruption in the Middle East, and Brent crude oil traded at $105 on Thursday.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\" id=\"abe-article-related-1\">\n<li class=\"c-widget-related__item\">Von der Leyen turns to Europe\u2019s refineries as shrinking capacity raises energy security concerns<\/li>\n<\/ul>\n<\/div>\n<p>IEA chief Fatih Birol said that Middle Eastern crude flows are recovering significantly. However, refined-product flows, like diesel or jet fuel, remained severely constrained, with disruptions to Russian refining capacity and China&#8217;s export ban adding to the squeeze. <\/p>\n<p>At the IEA-EU meeting, all participants backed prioritising diesel stocks given the current tightness in the market, with IEA data showing &#8220;a real physical disruption in diesel supply&#8221;.<\/p>\n<p>Several European governments have already fulfilled their obligations, while others still have national procedures to complete. While the political agreement exists, delivery depends on national decisions over how strategic stocks are counted and released.<\/p>\n<p>Greece, Italy and Portugal have met their pledged commitments. Emergency oil stocks from France, Germany, the Netherlands and Spain are under assessment. <\/p>\n<p>Portugal questioned how effectively the IEA handles the emergency release and said it will only consider new commitments once all members have delivered their existing ones, noting that about 50 million barrels remain pending at EU level, according to the document.<\/p>\n<p>Greece wants to know how much time the March release has bought so far.<\/p>\n<h2>Demystifying G7&#8217;s language<\/h2>\n<p>The internal document seen by Euronews clarifies the G7&#8217;s somewhat ambiguous wording in its latest announcements.<\/p>\n<p>On 2 October, the group said it would fulfil its commitments through a 100 million barrel coordinated release over four months, including a substantial front-loaded diesel release within the first 20 days. It linked the move to the \u201cimmediate and full implementation\u201d of the March 2026 commitments. <\/p>\n<p>The Commission referred Euronews&#8217; questions about the details of the latest G7 announcement to the IEA. But the IEA didn&#8217;t reply to Euronews&#8217; requests for clarification on volumes and refined products.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\" id=\"abe-article-related-2\">\n<li class=\"c-widget-related__item\">EU holds crisis meeting as US pressure mounts to release emergency oil stocks<\/li>\n<\/ul>\n<\/div>\n<p>In its 7 October statement, the G7 said participants in the IEA-EU meeting &#8220;emphasised their commitment to delivering on the March 2026 Collective Action&#8221;. <\/p>\n<p>The March action was an extraordinary response to the Middle East supply shock, which followed the United States and Israeli military attacks against Iran on 28 February and the closure of the Strait of Hormuz.<\/p>\n<p>IEA members originally agreed to make 400 million barrels available to the market, with the bulk of the contribution coming as crude oil and European countries supplying a greater share of refined products.<\/p>\n<h2>Fresh, new release could come<\/h2>\n<p>The IEA said members still hold around 1.1 billion barrels of publicly held emergency stocks, including more than 200 million barrels of diesel. <\/p>\n<p>The Paris-based agency didn&#8217;t rule out further releases if necessary. For now, it is trying to squeeze the remaining barrels from the mechanism agreed seven months ago.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\" id=\"abe-article-related-3\">\n<li class=\"c-widget-related__item\">\u2018Releasing strategic reserves is a possibility,\u2019 EU energy chief tells Euronews as diesel squeeze bites<\/li>\n<\/ul>\n<\/div>\n<p>The IEA said the March releases had already helped plug part of the supply gap, but stressed that diesel markets remain particularly tight, making the October action different in emphasis from March. <\/p>\n<p>The next political test comes on 15 October, when the IEA Governing Board gathers governments to settle the details of the operation, including volumes, timing and the type of refined oil products to be released.<\/p>\n<\/div>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__item\">\n<h3>\n<p>                  Von der Leyen turns to Europe\u2019s refineries as shrinking capacity raises energy security concerns<\/p>\n<\/h3>\n<\/div>\n<div class=\"c-article-you-might-also-like__item\">\n<h3>\n<p>                  Who holds the keys to Europe\u2019s emergency oil reserves?<\/p>\n<\/h3>\n<\/div>\n<div class=\"c-article-you-might-also-like__item\">\n<h3>\n<p>                  G7 agrees 100 million-barrel emergency oil release amid US pressure over diesel <\/p>\n<\/h3>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  EU Policy<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Europe&#8217;s energy crisis<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  G7<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  France<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Oil<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  United States<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div class=\"tp-vuukle\">\n<div class=\"c-vuukle-skeleton\" aria-hidden=\"true\">\n<div class=\"c-vuukle-skeleton__header\"><span class=\"c-vuukle-skeleton__title\">Comments<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div 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against under-resourced schools at the Place de la Bastille in Paris, 8 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \"><span class=\"c-article-title__prefix--red\">Breaking news.<\/span><\/p>\n<p>    M\u00e9lenchon declares \u2018Bastille retaken\u2019 after major student rally<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2932044-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2932044\" data-cid=\"9944605\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932044-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/46\/05\/320x180_cmsv2_6eca08cf-5b7a-5eda-9186-a5ccfe2be3c0-9944605.jpg\" loading=\"lazy\" alt=\"FILE: In this picture released by the official website of the Iranian army, a missile is launched during a military drill in southern Iran, 19 January 2024\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Iran strikes tankers outside Hormuz in signs of expanding campaign<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2932032-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2932032\" data-cid=\"9944446\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932032-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/44\/46\/320x180_cmsv2_01eb4c4a-e44a-5923-8504-f6747f63b1ab-9944446.jpg\" loading=\"lazy\" alt=\"The EU is pressing Russia to share information 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src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/46\/05\/320x180_cmsv2_6eca08cf-5b7a-5eda-9186-a5ccfe2be3c0-9944605.jpg\" loading=\"lazy\" alt=\"FILE: In this picture released by the official website of the Iranian army, a missile is launched during a military drill in southern Iran, 19 January 2024\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Iran strikes tankers outside Hormuz in signs of expanding campaign<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2932032-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2932032\" data-cid=\"9944446\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932032-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/44\/46\/320x180_cmsv2_01eb4c4a-e44a-5923-8504-f6747f63b1ab-9944446.jpg\" loading=\"lazy\" alt=\"The EU is pressing Russia to share information about the suspected plague case.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    EU presses Russia for more details on suspected plague case<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2931947-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2931947\" data-cid=\"9943887\" data-part-label=\"Partner content\">\n<figure id=\"abe-2931947-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/38\/87\/320x180_cmsv2_c7e0d361-1cb5-53e8-82a6-6353fd5571f8-9943887.jpg\" loading=\"lazy\" alt=\"&quot;The Orange Plague&quot;: Naked Trump statue on display at European Parliament in Strasbourg  \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    &#8216;The Orange Plague&#8217;: Naked Trump statue on display at European Parliament in Strasbourg<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2931960-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2931960\" data-cid=\"9944009\" data-part-label=\"Partner content\">\n<figure id=\"abe-2931960-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/40\/09\/320x180_cmsv2_ba9c528e-459c-5655-8df8-8f15986c7cb6-9944009.jpg\" loading=\"lazy\" alt=\"FILE: Houthi supporters chant slogans while riding in the back of a pickup truck at an armed tribal rally in Sanaa, 7 October 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Houthis claim missile strikes on Riyadh as explosions heard in capital<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2931062-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--no-label\" data-nid=\"2931062\" data-cid=\"9942462\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Russia asks Vietnam for planes as seized Western fleet falls apart<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2930173-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--no-label\" data-nid=\"2930173\" data-cid=\"9942974\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Longevity: why do Poles live shorter than Western Europeans?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2931960-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--no-label\" data-nid=\"2931960\" data-cid=\"9944009\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Houthis claim missile strikes on Riyadh as explosions heard in capital<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2931810-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--no-label\" data-nid=\"2931810\" data-cid=\"9943352\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Russian would-be fugitive receives labour camp sentence<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2931781-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--no-label\" data-nid=\"2931781\" data-cid=\"9943232\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Russia dismisses transparency calls amid reports of second plague case<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">The G7&#8217;s proposed release of up to 100 million barrels of oil to curb soaring energy prices aims to complete the outstanding portion of the 400-million-barrel emergency release coordinated by the International Energy Agency (IEA) in March, according to an internal document seen by Euronews.&#8221;Of its 400 million barrels, 326 million have been released. Because some members over-delivered, the 100 million barrels in the G7 statement can be covered within the existing action if everyone fulfils their commitments,&#8221; reads the document.The IEA members backed accelerating the March releases and completing them \u201cas soon as possible\u201d at an IEA meeting alongside the European Commission on 7 October.The rush followed an ultimatum from Washington, which pressured Europe to release more of its crude oil and diesel or face an export ban on diesel. Global oil markets remain volatile with ongoing disruption in the Middle East, and Brent crude oil traded at $105 on Thursday.IEA chief Fatih Birol said that Middle Eastern crude flows are recovering significantly. However, refined-product flows, like diesel or jet fuel, remained severely constrained, with disruptions to Russian refining capacity and China&#8217;s export ban adding to the squeeze.At the IEA-EU meeting, all participants backed prioritising diesel stocks given the current tightness in the market, with IEA data showing &#8220;a real physical disruption in diesel supply&#8221;.Several European governments have already fulfilled their obligations, while others still have national procedures to complete. While the political agreement exists, delivery depends on national decisions over how strategic stocks are counted and released.Greece, Italy and Portugal have met their pledged commitments. Emergency oil stocks from France, Germany, the Netherlands and Spain are under assessment.Portugal questioned how effectively the IEA handles the emergency release and said it will only consider new commitments once all members have delivered their existing ones, noting that about 50 million barrels remain pending at EU level, according to the document.Greece wants to know how much time the March release has bought so far.Demystifying G7&#8217;s languageThe internal document seen by Euronews clarifies the G7&#8217;s somewhat ambiguous wording in its latest announcements.On 2 October, the group said it would fulfil its commitments through a 100 million barrel coordinated release over four months, including a substantial front-loaded diesel release within the first 20 days. It linked the move to the \u201cimmediate and full implementation\u201d of the March 2026 commitments.The Commission referred Euronews&#8217; questions about the details of the latest G7 announcement to the IEA. But the IEA didn&#8217;t reply to Euronews&#8217; requests for clarification on volumes and refined products.In its 7 October statement, the G7 said participants in the IEA-EU meeting &#8220;emphasised their commitment to delivering on the March 2026 Collective Action&#8221;.The March action was an extraordinary response to the Middle East supply shock, which followed the United States and Israeli military attacks against Iran on 28 February and the closure of the Strait of Hormuz.IEA members originally agreed to make 400 million barrels available to the market, with the bulk of the contribution coming as crude oil and European countries supplying a greater share of refined products.Fresh, new release could comeThe IEA said members still hold around 1.1 billion barrels of publicly held emergency stocks, including more than 200 million barrels of diesel.The Paris-based agency didn&#8217;t rule out further releases if necessary. For now, it is trying to squeeze the remaining barrels from the mechanism agreed seven months ago.The IEA said the March releases had already helped plug part of the supply gap, but stressed that diesel markets remain particularly tight, making the October action different in emphasis from March.The next political test comes on 15 October, when the IEA Governing Board gathers governments to settle the details of the operation, including volumes, timing and the type of refined oil products to be released.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/2026\/10\/08\/exclusive-g7s-100-million-barrel-pledge-tied-to-unfinished-march-emergency-oil-release&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/94\/43\/42\/1200x675_cmsv2_ab370565-1d94-56b6-a244-22982661505f-9944342.jpg&#8221;] Business EU debates harsh working conditions for fishers: &#8216;I had no other choice&#8217; Europe News Breaking news. M\u00e9lenchon declares \u2018Bastille retaken\u2019 after major student rally Earth News Drought: groundwater levels in France remain very low Space Astronaut Sophie Adenot returns to Earth after record space mission Business EU debates harsh working conditions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-2185869","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2185869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2185869"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2185869\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2185869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2185869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2185869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}