The Group of Seven Nations agreed Friday to release 100 million barrels of oil from its stockpiles—following a desperate plea from the White House.
The G7 held an emergency meeting Friday morning to discuss global energy costs. The discussion came in the wake of a pressing call between Donald Trump and French President Emmanuel Macron, during which the U.S. leader asked for assistance amid the current oil crisis and floated the idea of banning U.S. diesel exports, according to CBS Chief Foreign Affairs Correspondent Margaret Brennan.
Donald Trump announced after the meeting that “Europe has just agreed to release a massive amount of their heavily stocked Diesel Oil. The process will begin immediately.”
The European barrels are expected to hit the market over the next four months.
Why do people keep helping him???
Why does the rest of the world keep rolling over to his idle fucking threats???
They are not helping out of their own volition. It’s extortion. Europe imports 50% of its Diesel from the US. If we say no, not only the consumers will suffer, but the economy as a whole. Massively.
Because he weilds a lot of power :(
You smile, while you massively uspcale and speed up all the processes of untangling dependencies, building sovereign capabilities in areas that previously relied on the US etc. France is one of the best examples for that.
I just hope this is true. I really think America needs a good 20 years in the wilderness to contemplate what they did by voting in that corrupt, morally bankrupt, buffoon. I hope he rots in jail for all he has done.
What he’s done is what they’ve always done, just more grotesquely and evidently.
There are a lot of reasons, most of them suck.
Short answer is he’s just the front man for a much larger demographic and he’s got a lot of financial systems held hostage because of almost 100 years of the US working to make the dollar the global currency. He’s everyone’s problem.
No, no, no, haven’t you seen the posts all over? He’s America’s problem and it’s their mess to clean up.
There’s absolutely no global impact on the rise of far right ideology and it’s certainly not trending up in pockets around the world.
The puppet regime that is the Trump administration isn’t an indicator of a larger global oligarchy problem at all.
He’s the responsibility of the US. He’s a global problem though.
Forget that, the USA are a global problem. He’s just the band’s leader.
He’s the American symptom of a global problem that is humanity’s responsibility.
The rest of the world ain’t gonna throw him out. The USA have to handle this. The only country regularly invading others to change their governments is… well, you get it.
If you think Trump is the problem your not paying attention. He’s just a puppet of his oligarch masters and they are feeding far right movements all over the globe.
In this case? Because if Trump issues an export ban, gas prices in the EU are going through the roof.
It’s extortion. Plain and simple.
Nukes, most likely. He’s been itching to use one.
This comment deserved more attention. He is going to go nuclear before his term is up. He needs to use that power, it’s in his dna to want to touch that stove.
Because theyre not idle threats he really will tariff the fuck out of you if you don’t comply.
The thing is, it was this b type of hubris that b for him into this mess and it’s not going to get b him out of it