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France proposes releasing 50 million barrels from European diesel reserves

  • France proposed releasing diesel from European strategic stockpiles.
  • 50 million barrels are included in the reported release plan.
  • International oil prices fell sharply as market risk appetite rebounded.

France has proposed releasing 50 million barrels of diesel from European stockpiles, a move that sharply weakened international oil prices and improved market risk appetite. The plan concerns strategic reserves, which are stockpiles held to cushion potential supply disruptions. The available report is incomplete and provides no further confirmed details.

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