US Urges Europe to Release 120M Barrels of Diesel

Reuters reported that the United States has asked Europe to withdraw 120 million barrels of diesel fuel from emergency stockpiles in order to reduce global fuel prices. Three sources told that the Trump administration urged Germany and France to undertake this withdrawal, warning of the possibility of an American ban on diesel exports if they do not comply. This request comes as part of efforts to regulate global energy prices and mitigate the impacts of their rise.

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