China has set a national roadmap to advance all-solid-state batteries toward initial large-scale deployment by 2030. The initiative leverages a vertically integrated industrial ecosystem spanning cell makers, material processors, and state agencies. According to the International Energy Agency, China manufactured over 80 percent of the world's batteries in 2025.
Group of Seven leaders have agreed to release 100 million barrels of crude oil and fuel reserves over four months to address surging energy prices and market volatility. The coordinated plan, executed through the International Energy Agency, frontloads a substantial volume of diesel during the first 20 days. The group also committed to synchronising refinery maintenance schedules and urged the full restoration of navigation in the Strait of Hormuz.
International Energy Agency (IEA) Executive Director Fatih Birol stated that oil prices have begun falling after an agreement to release 100 million barrels of emergency oil and fuel reserves. Birol reported crude prices dropped by about $5 following the announcement, which prioritises diesel alongside crude oil. The emergency initiative, coordinated with G7 nations, aims to ease tight fuel supply and lower global transportation costs.
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