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Market move● Neutral for Indian equities
UK average diesel pump price hits £2 per litre for first time
- G7 to release 100 million barrels of oil reserves through IEA
- Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump
- Trump plays with a critical lifeline that keeps global economy going
- Europe agrees to release diesel stockpiles, sending oil prices down more than 4%
- US wants European allies to do this 'immediately' to lower diesel prices