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submitted 1 week ago by Sunflier@lemmy.world to c/world@lemmy.world

The Group of Seven Nations agreed Friday to release 100 million barrels of oil from its stockpiles—following a desperate plea from the White House.

The G7 held an emergency meeting Friday morning to discuss global energy costs. The discussion came in the wake of a pressing call between Donald Trump and French President Emmanuel Macron, during which the U.S. leader asked for assistance amid the current oil crisis and floated the idea of banning U.S. diesel exports, according to CBS Chief Foreign Affairs Correspondent Margaret Brennan.

Donald Trump announced after the meeting that “Europe has just agreed to release a massive amount of their heavily stocked Diesel Oil. The process will begin immediately.”

The European barrels are expected to hit the market over the next four months.

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[-] SnotFlickerman@lemmy.blahaj.zone 113 points 1 week ago* (last edited 1 week ago)

Why do people keep helping him???

Why does the rest of the world keep rolling over to his idle fucking threats???

[-] OnyxRex@lemmy.dbzer0.com 68 points 1 week ago* (last edited 1 week ago)

There are a lot of reasons, most of them suck.

Short answer is he's just the front man for a much larger demographic and he's got a lot of financial systems held hostage because of almost 100 years of the US working to make the dollar the global currency. He's everyone's problem.

[-] LilB0kChoy@reddthat.com 21 points 1 week ago

He's everyone's problem.

No, no, no, haven’t you seen the posts all over? He’s America’s problem and it’s their mess to clean up.

There’s absolutely no global impact on the rise of far right ideology and it’s certainly not trending up in pockets around the world.

The puppet regime that is the Trump administration isn’t an indicator of a larger global oligarchy problem at all.

[-] SeductiveTortoise@piefed.social 19 points 1 week ago

He's the responsibility of the US. He's a global problem though.

Forget that, the USA are a global problem. He's just the band's leader.

[-] LilB0kChoy@reddthat.com 9 points 1 week ago

He’s the American symptom of a global problem that is humanity’s responsibility.

[-] SeductiveTortoise@piefed.social 9 points 1 week ago

The rest of the world ain't gonna throw him out. The USA have to handle this. The only country regularly invading others to change their governments is... well, you get it.

[-] LilB0kChoy@reddthat.com 7 points 1 week ago

If you think Trump is the problem your not paying attention. He’s just a puppet of his oligarch masters and they are feeding far right movements all over the globe.

[-] SeductiveTortoise@piefed.social 7 points 1 week ago

He's A problem. Relax a little my friend, we share basically the same opinion.

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[-] OnyxRex@lemmy.dbzer0.com 5 points 1 week ago

At least it's a little harder everywhere else because most people haven't devolved into a political system of only A and B. That shouldn't make people elsewhere feel safer. It just means you have more time.

I used to think the EU was pretty solid but I've been seeing the ratcheting effect over there in recent years. With one or two bad actors completely stalling out protections. They better watch out.

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[-] Jiral@lemmy.world 23 points 1 week ago

You smile, while you massively uspcale and speed up all the processes of untangling dependencies, building sovereign capabilities in areas that previously relied on the US etc. France is one of the best examples for that.

[-] NormalHumanBreathing@lemmy.world 13 points 1 week ago

I just hope this is true. I really think America needs a good 20 years in the wilderness to contemplate what they did by voting in that corrupt, morally bankrupt, buffoon. I hope he rots in jail for all he has done.

[-] Damage@slrpnk.net 19 points 1 week ago

What he's done is what they've always done, just more grotesquely and evidently.

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[-] blackberry28@sh.itjust.works 18 points 1 week ago* (last edited 1 week ago)

They are not helping out of their own volition. It's extortion. Europe imports 50% of its Diesel from the US. If we say no, not only the consumers will suffer, but the economy as a whole. Massively.

[-] Tja@programming.dev 5 points 1 week ago

Also it's just on paper, like the agreement in summer last year where the EU agreed to buy more gas from the US than they actuallly produce, or invest a certain amount without any way of enforcing it.

It's just for the headline, nobody has any intention of following up, trump is just too dumb to realize that.

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[-] einkorn@feddit.org 8 points 1 week ago

In this case? Because if Trump issues an export ban, gas prices in the EU are going through the roof.

It's extortion. Plain and simple.

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[-] StabbingSky@lemmy.zip 5 points 1 week ago

Nukes, most likely. He's been itching to use one.

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[-] Molvorin@feddit.dk 85 points 1 week ago

Have you guys noticed that all of the craziest things he does always hit on a Friday? Just in time to harvest the changes if the atickmarjet but always late enough for the international markets to have closed?

[-] CountVon@sh.itjust.works 48 points 1 week ago

The Friday News Dump has been around a lot longer than Trump. Market Manipulation Day is every day for Trump. He doesn't wait until the end of the week for that shit.

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[-] weps@lemmy.world 48 points 1 week ago

no, he didn't beg

he threatened to stop selling US energy to EU

[-] boonhet@lemmy.zip 19 points 1 week ago

He'd be a moron to do that tbh. Right now the US is massively profiting off the high energy prices. Not its people but its oil companies at least.

[-] adhdsergio@lemmy.world 17 points 1 week ago

He's bankrupted casinos before so why not his own oil industry

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[-] crypt0cler1c@infosec.pub 8 points 1 week ago

The art of the deal bro. You clearly just aren't business savvy. 😜

[-] fyzzlefry@retrolemmy.com 4 points 1 week ago

Blow up everything and sell people the concept of a plan.

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[-] Kyrgizion@lemmy.world 32 points 1 week ago
[-] CapuccinoCoretto@lemmy.world 16 points 1 week ago
[-] Kyrgizion@lemmy.world 8 points 1 week ago

Of course my representatives are cowards like usual. No wonder the far right gains more traction here every day. I'm not fooled by them, but when the actual leadership is this retarded it's not hard to fool most of the idiots.

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[-] samus12345@sh.itjust.works 8 points 1 week ago

What they actually said:

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[-] wirebeads@lemmy.ca 26 points 1 week ago

Donald Trump is a rapist. All this is happening because Donald Trump forced himself on little children.

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[-] Tango@piefed.ca 24 points 1 week ago

So it's the Group of Seven again when he wants a favor, huh? Why didn't he just ask his G8 buddy Putin?

[-] Tja@programming.dev 6 points 1 week ago

I know it's rethorical, but Putin already banned exports of diesel well into 2027. Kinetic sanctions...

[-] Lemmyoutofhere@lemmy.ca 21 points 1 week ago

Prices would plummet tomorrow if he got the fuck out of Iran.

[-] PancakesCantKillMe@lemmy.world 17 points 1 week ago

I don’t know about “plummet” as they always seem to fall like a feather if that’s the trend, but you are otherwise right.

[-] bus_factor@lemmy.world 15 points 1 week ago

Which is fair, because there's a good chance we'd be back at it in three days.

Also, prices will never be the same, because the risk calculus for the Strait of Hormuz has changed forever. Insurance premiums for shipping through there will never go back down.

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[-] im_fine_sandy@nord.pub 5 points 1 week ago

I'm genuinely asking, would getting the fuck out be enough?

He would need to capitulate. He would need to acknowledge his fuckup, to the satisfaction of Iran. I don't think he's capable of that. Not simply that he doesn't want to, although that's also true. I mean he's not equipped to negotiate an end to this hostility.

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[-] Foni@piefed.zip 16 points 1 week ago

Serious question: if Europe were to fully commit to installing renewables, how much dependence on diesel would it maintain in, say, one year? I mean really putting it all in, like a war economy but with this

[-] filister@lemmy.world 11 points 1 week ago

The whole transportation business run on diesel. There are currently no good truck EVs and if there are they will require special charging stations, so it would be very difficult to change to renewables and EV overnight.

We will still be dependent on petrol though, but much less, but petrol is needed in the chemical industry for the production of plastic, for plane fuel, etc.

[-] luciferofastora@feddit.org 6 points 1 week ago

Don't forget freight ships. A quarter or so of worldwide commerce is international shipping by sea. I'm not aware that there's any commercially viable solution for powering these ships with renewables. The closest I know of are US Navy Carriers, which don't require diesel, but they're powered by nuclear reactors, which are neither renewable nor commercially viable (not that the USN would care about profitability) and require a huge amount of expertise to maintain.

Ships use bunker fuel, which varies in refinement between 1 notch above crude oil to slightly thinner.

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[-] spidermanchild@sh.itjust.works 5 points 1 week ago

Depends on how much society is willing to sacrifice. One year isn't long, but you could conceivably get just about every car and van off diesel, get just about everyone off heating oil (which is just diesel), go crazy on electric trains, dramatically decrease construction and electrify what you can there, and switch backup generators to gas (which doesn't really help the climate of course but helps with no diesel). The biggest near term issue is likely heavy transit. You could displace some with trains and petrol/electric vans, but there's going to be serious rationing going on and supply chains will be hanging on by a thread. Farming equipment also a big issue. Hydrogen might be able to start replacing diesel for these uses but within a year is crazy ambitious. This would be hard to do in a decade.

Regardless, we need to approach this from a "war economy" standpoint, so I like the question.

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[-] Tja@programming.dev 15 points 1 week ago* (last edited 1 week ago)

The European barrels are expected to hit the market over the next four months.

We just need a month for paperwork and stuff, we'll start around middle of November. Hope this helps!

[-] LovelyMover@lemmy.zip 13 points 1 week ago

after the midterms...course he better say thank you, the orange bish

[-] ProwlsInSoup@lemmy.world 12 points 1 week ago

I really hope spinless cowards who runs my home country won't help him... they will probably help him...

[-] raspberriesareyummy@lemmy.world 9 points 1 week ago

And Fotzenfritz bent right over and greased his butthole.

Draining Europe for Putin

[-] tigermountain@lemmy.world 7 points 1 week ago

They all should have said no.

Thing is... they folded. I wonder if it has to do with the number of US military bases on EU soil.

Too bad they all didn't say "Fuck you"

[-] architect@thelemmy.club 5 points 1 week ago

Proof Europe wants it to happen. Simple as.

[-] BC_viper@lemmy.world 5 points 1 week ago

Well, that will work for 3 days.

[-] ZILtoid1991@lemmy.world 5 points 1 week ago

Then stop the Iran war, Dementia Don!

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this post was submitted on 02 Oct 2026
533 points (99.3% liked)

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