US pressures European nations to release emergency diesel supplies
The White House administration turned to coercion in efforts to tame surging fuel prices, telling European capitals to either release their emergency diesel supplies or face a US diesel export ban. The Trump administration is pressuring European capitals to release their emergency diesel supplies or else face a US diesel export ban, as the White House turns to coercion in efforts to tame surging fuel prices. France, Germany, Britain, Italy, Ireland have all been pressured to draw down supplies, Politico reported. They are preparing to respond with “one voice,” a source told the outlet, hoping to defuse a situation that could spike fuel costs throughout the EU, which receives more than half its diesel exports from the US. Russia extended its own diesel export ban for at least another month, while China suspended fuel exports for October, a move that will further squeeze global energy supplies.
The White House administration turned to coercion in efforts to tame surging fuel prices, telling European capitals to either release their emergency diesel supplies or face a US diesel export ban. The Trump administration is pressuring European capitals to release their emergency diesel supplies or else face a US diesel export ban, as the White House turns to coercion in efforts to tame surging fuel prices. France, Germany, Britain, Italy, Ireland have all been pressured to draw down supplies, Politico reported.
They are preparing to respond with “one voice,” a source told the outlet, hoping to defuse a situation that could spike fuel costs throughout the EU, which receives more than half its diesel exports from the US. Russia extended its own diesel export ban for at least another month, while China suspended fuel exports for October, a move that will further squeeze global energy supplies.