"We are having a tremendous impact," Trump says in G7 call after IEA decision on oil stocks - Reuters
"We are having a tremendous impact," Trump says in G7 call after IEA decision on oil stocks Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
All Coverage
<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxQeFduU2IxRWVxOElITGpHblBfSnpodDJITVBkTkhFaHhKeTJ2YkgzaEc2dEVZY3drTnYzdnowTGdybVRPRmtwV1c2MWtScWxHblBKV3JVblpvZTZqMExNZFBncVhJNDh6TG02UXctR0cwQTlTajBrakhuX0g5WDM1dkprZGk0T0tvZXk3cndZaF9uMFlHU01pX0VDbmFMTGhyVm1BRUR4UG9rVFZZRjM1RDR0ZTNDRkpGWEhyUXBWTDd5REdzT3E3MHVvUlM?oc=5" target="_blank">"We are having a tremendous impact," Trump says in G7 call after IEA decision on oil stocks</a> <font color="#6f6f6f">Reuters</font>
President Donald Trump praised the 'tremendous impact' of decisions made during a G7 meeting discussing the war in Iran and its economic consequences, following the International Energy Agency's recommendation to release 400 million barrels of oil to restrain soaring crude prices amid the U.S.-Israeli war with Iran.
French President Emmanuel Macron announced that the release of strategic reserves equates to 14.5 million barrels in France, following the International Energy Agency's decision to release 400 million barrels of oil to mitigate the impact of the U.S.-Israeli war with Iran on global oil prices.
In a video broadcast by the French presidency, President Donald Trump commented to French President Emmanuel Macron, stating, 'I think we are having a tremendous impact on the world,' following the International Energy Agency's decision to release 400 million barrels of oil to address the impact of the U.S.-Israeli war with Iran on global oil prices.
President Donald Trump stated, 'We are having a tremendous impact,' during a G7 call following the International Energy Agency's decision to release 400 million barrels of oil to mitigate the impact of the U.S.-Israeli war with Iran on global oil prices.
The International Energy Agency's proposal to release strategic oil reserves to mitigate the effects of the war in Iran and the potential closure of the Strait of Hormuz was approved by its 32 member states, with the G7 nations backing the release of 400 million barrels of oil.
Similar Stories
Related coverage based on topic and tags
Iran and US trade air strikes after Trump dismisses report of Hormuz deal - Reuters
Iran and US trade air strikes after Trump dismisses report of Hormuz deal Reuters
May 28, 2026 at 04:25 AMOil prices drop as traders look for US-Iran talks progress - Reuters
Oil prices drop as traders look for US-Iran talks progress Reuters
May 27, 2026 at 11:55 AMNetanyahu admits difficulty influencing Trump decisions on Iran, sources say - Reuters
Netanyahu admits difficulty influencing Trump decisions on Iran, sources say Reuters
May 25, 2026 at 10:20 AMTrump says meeting Friday to make final decision on deal with Iran - Reuters
Trump says meeting Friday to make final decision on deal with Iran Reuters
May 29, 2026 at 03:08 PMMost Gulf markets surge on US-Iran peace deal expectations - Reuters
Most Gulf markets surge on US-Iran peace deal expectations Reuters
May 24, 2026 at 01:18 PMUS imposes fresh sanctions on Iran's military oil sales, Treasury says - Reuters
US imposes fresh sanctions on Iran's military oil sales, Treasury says Reuters
May 28, 2026 at 09:33 PM