White House urges EU to draw down diesel inventories, sources say
- The Trump administration urged Germany and France to release emergency diesel reserves or risk a potential U.S. diesel export ban, according to three people familiar with the discussions.
- The European Commission, Germany, France, Italy, Ireland, and Britain held talks about possibly releasing diesel stocks, according to an EU official.
- A European source said the United States asked the European Union to release 120 million barrels of diesel over six months.
- French President Emmanuel Macron planned a G7 video conference on fuel prices and coordinating reserve releases with the International Energy Agency.
91 Articles
91 Articles
The Independent
The Independent (US)UK in emergency talks with European allies over releasing diesel stocks
European countries have come under pressure after Donald Trump threatens to ban US exports of diesel
Britain holds crunch talks with Europe about releasing diesel stockpiles as fuel prices break records
Britain has spoken with officials from around Europe about the possibility of releasing diesel stocks, reports claim.A European Union official stated that the EU Commission, Great Britain, France, Italy and Ireland have held a call regarding the possible need to release diesel stocks.A spokesperson from the European Commission declined to comment on reports that President Trump told some nations to draw down diesel stocks to ease fuel prices.Reu…
Spokesperson stresses commission has no mandate to decide on international stock releases
US to France, Germany: Release Diesel Stocks or Face Possible Export Ban Amid Rising Global Fuel Prices
WASHINGTON/BRUSSELS/PARIS: 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, said three people close to the discussions.The warning marks an escalation of pressure on Europe as US President Donald Trump considers a potential diesel export ban to bring down US fuel prices ahead of November's midterm elections.The European Com…
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