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US urges Europe to free diesel stocks
European officials are in crisis talks amid US pressure to release diesel from strategic reserves to lower soaring prices, with the US considering an export ban that could impact Europe's supply. The US, the world's largest diesel exporter, has increased pressure on Europe to stabilize prices amid tight global supplies caused by conflicts in the Middle East and Ukraine. A US ban would significantly affect Europe, which relies on imports, and risks exacerbating supply issues if emergency reserves are depleted.
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