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Washington urges Germany and France to release diesel stocks
The administration of U.S. President Donald Trump advised Germany and France to utilize part of their emergency diesel reserves to help reduce global fuel prices, and threatened to impose a ban on American diesel exports if the two countries did not cooperate. The proposal involved releasing approximately 120 million barrels of diesel over six months to address shortages of refined products and rising fuel prices, amid declining oil supplies following the halt of imports of Russian products and disruptions to supplies from the Middle East due to tensions and geopolitical obstacles. The decision to release reserves and impose export bans remains under consideration; Germany and France have not yet made final decisions. Meanwhile, Trump is exploring the possibility of restricting American diesel exports to lower prices within the United States.
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