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US Says 'in Europe's Best Interest' to Cooperate on Fuel Supply
Trump said he is considering a diesel export ban as average US prices have climbed to $6.39 a gallon, officials said.
- The United States urged European officials on Thursday to cooperate on efforts to lower diesel prices, arguing "It is in Europe's best interest to work with the United States" to boost supply.
- Average diesel prices have surged to $6.39 a gallon from $3.70 a year ago, intensifying pressure on the Republican Party ahead of next month's midterm elections.
- President Donald Trump said Wednesday he is considering a ban on diesel exports, while Energy Secretary Chris Wright noted the world would "hear announcements from our friends in Europe" soon.
- During G20 talks in Milwaukee, Maros Sefcovic warned that any US export ban would be "unexpected" and "would have very dramatic consequences for our economic performance."
- France's Nicolas Forissier stated that France will "try to find balanced solutions all over the world," emphasizing the importance of securing diesel supplies for both sides.
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US tells European allies to act ‘immediately’ to lower diesel prices
The US on Thursday told its European allies to help lower global diesel prices by releasing strategic reserves “immediately,” with EU member states due to discuss the crisis on Friday. Reports said the Trump administration wants France and Germany in particular to tap their stockpiles of diesel to try to curb prices sent soaring by the US war on Iran. “Our European partners should accelerate delivery on their existing commitments and make additi…
·Hong Kong, Hong Kong
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The U.S. is pushing Europe for cooperation and action to expand access to fuel.
·Warsaw, Poland
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leprogres.fr+6 Reposted by 6 other sources
Washington warned Europe on Thursday that it was "in its interest" to work with the United States on the issue of fuel availability.
Coverage Details
Total News Sources21
Leaning Left1Leaning Right2Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
C 73%
R 18%
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