US Presses Europe to Release Emergency Diesel Stocks

US Presses Europe to Release Emergency Diesel Stocks

The Trump administration has asked European Union leaders to release 120 million barrels of diesel from strategic reserves over 180 days to ease record global prices. EU officials held an emergency call after US diesel hit $6.53 per gallon and Europe's average reached 2.24 euros per litre. The request comes amid supply disruptions from the Iran and Ukraine wars.

Source: Al Jazeera

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