Diesel Prices Drop

G7 nations commit to releasing oil reserves, causing diesel prices to plummet across Europe.

Diesel prices have dropped as the G7 commits to releasing 100 million barrels of oil. National Economic Council Director Kevin Hassett discusses the immediate impact on fuel costs. Hassett credits the pressure campaign against Iran for helping bring down energy costs immediately. G7 nations commit to a coordinated release of 100 million oil.