US tells France and Germany to release diesel stocks or face US export ban: Report
Washington says Europe still has ample reserves, while US diesel has risen to $7 a gallon and Brent crude trades near $100 a barrel.
33 Articles
33 Articles
Will Trump’s Diesel Threat Force Europe to Release Its Emergency Fuel Reserves?
The Trump administration has warned France and Germany to release emergency diesel reserves to help lower global fuel prices or risk facing a potential US ban on diesel exports, according to people familiar with the discussions. The warning represents a sharp escalation in Washington’s pressure on European allies as President Donald Trump looks for ways […]
America called on France and Germany to withdraw from emergency diesel stocks, wavering a ban on their exports, and asked the European Union to subtract 120 million barrels within six months to reduce fuel prices.
Europe's dependence on diesel imported from the United States has increased recently.
The US President calls for the use of reserves, hoping for a de-escalation of prices internationally
The Trump administration has called on France and Germany to reduce their diesel emergency reserves. If they refuse, Washington is in danger of a possible export ban on US diesel, according to sources familiar with the talks.
EXCLUSIVE: US tells France and Germany to release diesel stocks or face US export ban, sources say
The Trump administration has told Germany and France to draw down emergency diesel inventories to help to ease global fuel prices or face a potential US diesel export ban, according to three people close to the discussions.
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