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U.S. President Donald Trump confirmed that Europe has agreed to immediately release large quantities of its diesel stockpiles in an effort to reduce high prices resulting from current circumstances and the war with Iran. The American administration is focused on pressuring European countries, particularly France and Germany, to release their strategic diesel reserves. Reports indicate that Washington may impose an export ban on American diesel if these countries do not comply, warning of serious economic repercussions for the European Union. This comes amid efforts to curb the surge in diesel prices, which have reached record levels due to oil supply disruptions caused by the wars in the Middle East and Ukraine.
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