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.

  • OnyxRex@lemmy.dbzer0.com
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    6 hours ago

    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.

    • LilB0kChoy@reddthat.com
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      5 hours ago

      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.

      • SeductiveTortoise@piefed.social
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        16 minutes ago

        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.

          • SeductiveTortoise@piefed.social
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            8 minutes ago

            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.

            • LilB0kChoy@reddthat.com
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              4 minutes ago

              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.