G7 to release millions of barrels of oil and diesel after Trump threat

BBC - Oct 3, 2026

The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.

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Oct 2, 2026

Trump says US won't ban diesel exports

President Trump said Friday that he will not ban exports of diesel after the Group of Seven (G7) major economies announced that they would release fuel from their stocks. “Europe has a lot of diesel, and they're going to be making a major world contribution, and so are we, and we're not going to be...

Oct 2, 2026

The Powerful Yet Fragile Force Propping Up Stocks and the Economy

The artificial intelligence boom has pushed up the stock market, even as interest rates have pulled it down, our columnist says.

Oct 2, 2026

Mash-Up of Paramount and Warner Bros. Will Be Called Skydance

David Ellison, the tech scion who will run the combined company, borrowed the name of his original entertainment company that reflects his love of aviation. On Friday, the C.E.O.s of Warner Bros. were told they would not stay on once the companies merged.

Oct 2, 2026

Paramount, Warner Bros. reveal new name

Once the Paramount and Warner Bros. merger is finalized, the resulting media empire will fall under a new name.

Oct 2, 2026

U.S. and Allies Agree to Release Diesel Reserves as Prices Soar

The Group of 7, which includes Britain, France and Japan, announced the release of 100 million barrels over four months, effective immediately.

Oct 2, 2026

China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets

China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.

Oct 2, 2026

Sales of Hulking Pickups and S.U.V.s Sag as Fuel Prices Soar

Sales of big pickup trucks and sport utility vehicles have dipped as more Americans buy hybrids and smaller cars.

Oct 2, 2026

Hiring Slows as U.S. Jobs Report Shows Labor Market Shifting Into Lower Gear

The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.

Oct 2, 2026

Hiring Slows as U.S. Jobs Report Shows Labor Market Shifting Into Lower Gear

The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.

Oct 2, 2026

Watch: Why has UK diesel price hit an all time high?

Diesel has now hit an average of £2 a litre in the UK, the RAC motoring group says, with petrol prices also rising.

Oct 2, 2026

Amazon investing $1B in data center communities

Amazon plans to invest $1 billion in communities where it builds data centers over the next five years, the company announced Friday. The e-commerce and cloud computing giant will put the funds toward free community college and workforce training for residents, as well as energy efficiency upgrades. "We understand why there is apprehension in some...

Oct 2, 2026

Heads of State head to Egypt for inaugural Alamein Africa Forum

African leaders, government officials, investors and financial institutions are gathering in Egypt’s New Alamein City for the inaugural Alamein Africa Forum, taking place from October 2 to 4.

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