UK Holds Emergency Talks with US Over Potential US Diesel Export Ban, Says Chancellor
UK officials are preparing for a ban as diesel prices hit 199.18p a litre, according to the RAC motoring organisation.
- The UK is holding emergency talks with the United States over a possible American diesel export ban.
- UK diesel prices reached a record 199.33p per litre, while petrol averaged 174.23p, according to the RAC.
- The UK gets about one-sixth of its diesel from the United States, so an export ban could raise prices further.
- The Chancellor said diplomacy and an end to fighting in Iran were needed to ease pressure on households and businesses.
26 Articles
26 Articles
The Times newspaper reports that there are disagreements within Donald Trump's administration over the issue of banning diesel exports. Sources say Trump is still considering all options to lower fuel prices, while a potential export ban is causing anxiety in Britain.
Diesel prices are skyrocketing in the UK, while the US president threatens further consequences.
A possible US ban on diesel exports could trigger an unprecedented price spike in Europe
A possible US ban on diesel exports could trigger an unprecedented price spike in Europe.Experts note that in recent months, about half of the volume of diesel fuel has been supplied to Europe from the United States, CNBC reports.At the same time...
As the United States considers a ban on diesel exports, the British government has taken action by requesting an exception. Highly dependent on imports, the UK is facing a double burden of energy supply shortages and soaring diesel prices, compounded by a reduction in refining capacity. Consequently, the government is engaging in consultations with the U.S. and making efforts to minimize the economic impact by utilizing strategic oil reserves an…
Labour pleads US to stop Donald Trump's diesel export ban hitting British motorists
Labour pleads US to stop Donald Trump's diesel export ban hitting British motorists . John Healey has confirmed that the Government is holding talks with Washington to stop Donald Trump's diesel export ban hitting Britons at the pumps
Britain has asked the United States to exempt it from a possible ban on diesel exports. British officials have been in talks with their American counterparts in recent days, Bloomberg reported, citing a person familiar with the discussions. London is concerned because the country is among the largest importers of American diesel. The fuel is widely used in freight transport, agricultural machinery and some passenger cars. A possible supply restr…
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