G-7 Agrees to Release 100 Million Barrels of Reserve Diesel

Welcome back to World Brief, where we’re looking at global efforts to rein in high fuel costs, violent student protests across France, and Ebola’s rising death toll in the Democratic Republic of the Congo. Pain at the Pump Some of the world’s wealthiest nations agreed on Friday to release 100 million barrels of diesel and crude from their reserve stockpiles over the next four months in an effort to rein in runaway fuel prices. That amounts to around one day’s worth of global oil demand and includes a “frontloaded substantial diesel release” within the next 20 days. “We condemn Iran’s…