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G7 energy-security meeting and coordinated response in October 2026

G7 leaders met on 2 October to coordinate refinery capacity, a 100-million-barrel IEA-coordinated reserve release and restraint on energy export restrictions. Japan said it had already released stocks and planned no new release. These are announced commitments, without proof of completed delivery.

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  1. Emmanuel Macron
    Macron

    France

    Translated quote

    “It is the first official trip of a Canadian Prime Minister to Saint-Pierre-et-Miquelon.”

    Macron welcomes Canada's prime minister. Macron announces a Canada France polar research forum.

    Source excerpt

    Monsieur le Premier ministre, cher Mark, Madame la ministre, Mesdames les ambassadrices, Monsieur le préfet, Mesdames et Messieurs les parlementaires, Monsieur le président, Messieurs les maires, Mesdames et Messieurs, en vos grades et qualités, Mesdames et Messieurs de la presse, Chers amis, Merci d’être là. Bienvenue, Monsieur le Premier ministre. Bienvenue à Saint-Pierre-et-Miquelon. C’est une immense fierté pour nous tous de vous accueillir dans cette terre française d’Amérique du Nord : notre République, votre continent. C’est le premier déplacement officiel d’un Premier ministre canadien à Saint-Pierre-et-Miquelon. Votre visite aujourd’hui, votre présence et les échanges que nous avons pu avoir marquent d’ores et déjà l’histoire. J’y vois, au fond, le symbole d’une conviction partagée : celle que notre relation ne se construit pas seulement depuis Paris ou Ottawa, mais aussi dans...

    On the historic visit of the Canadian Prime Minister to Saint-Pierre-et-Miquelon.

    ElyseeFull record
  2. Ursula von der Leyen
    Von der Leyen

    European Union

    Direct quote

    “We condemn Iran's continued attacks against its regional neighbours and its disruption of international trade, energy security and the global economy.”

    Von der Leyen announces a coordinated IEA release of 100 million barrels over four months and condemns Iran's continued attacks against its regional neighbors and international trade.

    Source excerpt

    Today, We, the Leaders of the G7, convened a virtual meeting to address the deepening challenges to our energy security. Facing unprecedented volatility in oil markets - with surging prices threatening economic stability and the well-being of our citizens - we have agreed on decisive, coordinated measures to stabilize immediate energy supplies, shield households and businesses from price shocks, and strengthen the long-term resilience of global energy systems. We will coordinate maintenance schedules across G7 refineries to prevent simultaneous capacity shutdowns and temporarily increase utilization rates where feasible. We also encourage engagement with countries holding significant refining capacities to boost global production of refined products, particularly diesel, in light of ongoing market pressures in this segment. The G7 requests the IEA to monitor the immediate and full...

    On regional security and energy stability.

    European CommissionFull record
  3. Donald Trump
    Trump

    United States

    Direct quote

    “Europe has just agreed to release a massive amount of their heavily stocked Diesel Oil.”

    Trump announces Europe agreed to release a massive amount of diesel oil and notes the diesel oil release process will begin immediately.

    Source excerpt

    Europe has just agreed to release a massive amount of their heavily stocked Diesel Oil. The process will begin immediately. Thank you for your attention to this matter! President DJT

    On Europe agreeing to release heavily stocked diesel oil.

    Truth SocialFull record
  4. Emmanuel Macron
    Macron

    France

    Statement summary

    Macron announces coordinated G7 measures to lower oil and diesel prices

    Macron announces plans to release up to 100 million barrels of strategic reserves and states G7 leaders agreed not to restrict energy and oil product trade.

    Source excerpt

    Je viens de réunir les dirigeants du G7 pour évoquer la situation énergétique mondiale. Nous sommes d’accord pour travailler de manière coordonnée pour contribuer à la baisse des prix des produits pétroliers, notamment du diesel. Nous avons décidé de : → flexibiliser la production pour produire au maximum de nos capacités de nos raffineries, → libérer nos réserves stratégiques jusqu’à 100 millions de barils, sous 4 mois, avec nos partenaires, sous la coordination de l’Agence internationale de l’énergie, → ne prendre aucune mesure de restriction des échanges de produits énergétiques et pétroliers entre pays partenaires. Le communiqué du G7 : https://t.co/BK2dKe36Gu

    XFull record
  5. Ursula von der Leyen
    Von der Leyen

    European Union

    Direct quote

    “We support an @IEA-coordinated release of fuel stocks.”

    Von der Leyen welcomes the decision of G7 countries not to impose export bans and supports an International Energy Agency coordinated release of fuel stocks.

    Source excerpt

    Our citizens need and deserve affordable energy. As @G7, we will closely coordinate towards to achieve this goal. We welcome the decision of G7 countries not to impose any export bans on allies and the continued solidarity between partners. We support an @IEA-coordinated release of fuel stocks. While staying the course on the clean transition, to gain more energy security. Thank you to the French Presidency for convening this important call. https://t.co/luQNXqoXey

    On releasing fuel stocks for energy security.

    XFull record
  6. Sanae Takaichi
    Takaichi

    Japan

    Statement summary

    Takaichi says Japan plans no new reserve release after G7 meeting

    Takaichi reports a coordinated100million-barrel release and says Japan has already released reserves.

    Source excerpt

    10月2日夜に、G7オンライン首脳会議が行われました。 ディーゼル価格の高騰が国際的な課題となっている中、「欧州の備蓄放出が遅れていること」を背景として開催されたものであり、特に「欧米等のディーゼル価格などへの対応」について焦点を当てた議論が行われました。 この会議は、議長国のフランスが当日直前に急遽設定したもので、代理出席が認められていました。 バーナム英国首相は欠席・代理出席となり、コスタ欧州理事会議長も欠席されたと聞いています。 我が国からは、米国出張中で直接本件の調整にも当たったG7シェルパたる遠藤外務審議官が代理出席してくれました。 なお、今回の会議の結果、「1億バレルの石油備蓄の協調放出を実施すること」となりましたが、日本は、予てより「備蓄放出」を実施してきており、今回新たな放出措置の予定はありません。 世界の経済、エネルギー安全保障及び市場の安定に向けて、引き続きしっかりと対応してまいります。

    XFull record
To be continued. Probably.Back to the beginning