Europe Considers Releasing Diesel Reserves
European officials are discussing the potential release of diesel reserves following U.S. President Trump's suggestion that the U.S. might curb diesel exports due to soaring prices.
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Brent Falls as Europe Considers Strategic Oil Reserve Release
Brent crude fell more than 3% to around $99 a barrel on Friday as European governments considered releasing strategic oil reserves to ease mounting fuel costs. EU members were reportedly discussing a French proposal to draw on crude and fuel stockpiles, amid growing pressure from Washington to address diesel shortages