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Announcement by Emmanuel Macron of a release of strategic stocks of crude oil and diesel by the G7.
Release of millions of barrels of crude oil and diesel by the G7: what effects can we expect on fuel prices?
INTERVIEW - Emmanuel Macron announced Friday that the G7 countries had agreed to release part of the strategic stock. Le Figaro interviewed economist Patrice Geoffron to assess the consequences of this decision.

The G7 has decided to release part of its strategic oil and diesel stocks. Economist Patrice Geoffron analyzes the potential impacts of this measure on fuel prices at the pump.

Le Figaro analyzes two major economic subjects: the impact of the release of strategic oil stocks by the G7 on prices, and Olivier Faure's proposal aimed at establishing an equal distribution of profits between employees and shareholders.

The Court of Auditors suggests the sale of holdings of the Caisse des Dépôts for public finances. At the same time, Emmanuel Macron announces a release of G7 fuel stocks, a measure commented on by Donald Trump.

Faced with the blockage of the Strait of Hormuz, exporting countries are circumventing the Iranian threat via oil pipelines and night shuttle convoys under American protection. An influx of oil which does not translate into a drop in prices at the pump.
The International Energy Agency announced that 325 million barrels of oil have been released since March, or 80% of the G7's initial commitment. These strategic stocks, built up since 1974, aim to stabilize global supply.

Patrice Geoffron, professor of economics, analyzes the G7 decision to release up to 100 million barrels of oil and diesel to lower prices, in comparison with the 426 million barrels released in May by the IEA.