NATO allies investing €27 billion in fuel storage infrastructure

NATO allies are investing thirty point eight billion dollars in fuel storage infrastructure. This significant investment aims to bolster the alliance's fuel supply chain capabilities. NATO chief Mark Rutte announced this historic step after a summ...

AP
Two men walk past the NATO logo during the NATO Defense Industry Forum at the NATO summit in Ankara, Turkey, Tuesday, July 7, 2026.
Ankara: NATO allies are investing €27 billion ($30.80 billion) in fuel storage infrastructure ‌to enhance ⁠the alliance's ⁠fuel supply chain, NATO chief Mark Rutte said on Wednesday.

"Allies are ​taking ⁠a historic ‌step ​to ​enhance NATO's ⁠fuel supply chain, to ensure ​our forces have ​the energy supplies they need for warfighting readiness," ‌Rutte told reporters after ​a NATO ​summit ⁠in Ankara. ($1 = 0.8766 euros)

Read more: Trump cuts off US' trade ties with a key NATO partner
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