EU countries will release tens of millions of barrels of oil and diesel, ministers confirmed

EU member states plan to release over 42 million barrels of oil and diesel to stabilize markets ahead of winter, following a G7 agreement. The release aims to address rising fuel prices exacerbated by geopolitical tensions. Eurocommissioner Dan Jörgensen confirmed that 12 EU countries committed to this initiative, with a total of 100 million barrels expected from G7 nations. The price of Brent crude has surged to around $100 per barrel due to recent conflicts, prompting concerns over fuel availability. Meanwhile, Spain mourns the victims of a train collision that killed 69 people, and Ursula von der Leyen discusses closer ties with Canada.