Trump says US won’t ban diesel exports
- On Oct 2, President Donald Trump announced the United States will not impose a diesel export ban, praising European countries for releasing fuel from strategic reserves.
- The Group of Seven nations agreed Friday to release 100 million barrels of diesel and crude oil from emergency reserves over four months to ease global energy supply concerns fueled by the Iran conflict.
- Although the administration signaled it was considering an export ban as recently as Thursday, Trump stated on Oct 2 that the measure was "never really on the table" for the United States.
- Praising the decision, Trump said, "Europe has a lot of diesel, and they're going to be making a major world contribution, and so are we."
- The Republican Party faces losing control of Congress in midterm elections next month amid voter anger over energy prices and the conflict involving Iran.
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53 Articles
Europe to release around 50 million barrels of diesel from strategic reserves – 8% drop in European prices after G7 announcement The post How the US blockade on diesel exports was prevented appeared first on in.gr.
The Independent
The Independent (US)Trump says US will not be doing diesel export ban: ‘We were never going to do it’
Donald Trump has said the US will not ban diesel exports after the UK and other leading G7 nations bowed to White House pressure and agreed to release 100 million barrels of fuel and oil from emergency stocks. Speaking on Friday (2 October), as he left the White House for Alabama on the campaign trail, the president suggested the idea had never been an option. "Europe has a lot of diesel, and they're going to be making a major world contribution…
Times of India
Trump rules out US diesel export ban
Donald Trump said the US will not impose a diesel export ban after European countries agreed to release more fuel into the market to ease supply pressures. The move comes alongside a coordinated G7 release of 100 million barrels of crude and fuel products, including a large initial tranche of diesel, as tight refined-product supplies continue to strain global energy markets.
Donald Trump now rejects a ban on U.S. diesel exports to Europe, after the G7 agreement to tap into his reserves. ...
Trump rules out US diesel export ban - The Tribune
US President Donald Trump ruled out a diesel export ban, saying Europe would increase diesel supplies to the market. He also predicted lower oil prices once the Iran conflict ends and welcomed European efforts to boost fuel availability amid global energy supply pressures.
The president of the United States hopes that the 100 million barrels of oil mobilized by the powers will lower the price.
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