NATO allies investing €27 billion in fuel storage infrastructureAP
    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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    Published on 8 July 2026 by economictimes_indiatimes

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