Diesel Prices Could Rise Further if U.S. Proceeds with Plans for Export Ban
20 Articles
20 Articles
Diesel prices could rise further if U.S. proceeds with plans for export ban
The prices of fuel will likely rise further if the U.S. government decides to ban the export of diesel in the coming months. The average diesel price in the European Union hit a record high of 2.23 euros per liter on Thursday. An important part of Dutch diesel comes from the U.S., but due to international trade, U.S. diesel could also enter the country via Norway or Turkey.
▪️The Telegraph:. Diesel prices in Europe have surged following reports that Donald Trump is considering a 90-day ban on exports from the United States
▪️The Telegraph:Diesel prices in Europe have surged following reports that Donald Trump is considering a 90-day ban on exports from the United States.
A ban on U.S. gas oil exports, as Donald Trump wants, could cause prices in the U.S. to drop briefly... but bring them up at home.
Diesel prices in the US are rising sharply, while exports are also growing. Therefore, demands for an export ban are growing louder. This would particularly affect Europe.
Prices at the Dutch pump will likely rise further if the US government bans diesel exports in the coming months. It is difficult to say exactly how much American diesel ends up in the Netherlands. A significant portion of Dutch diesel comes from the US, but due to international trade, American diesel can also enter our country via countries such as Norway and Turkey.
European diesel prices surge as Trump mulls 90-day US export ban
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