Report: US Demands France and Germany Release Diesel Reserves
Washington threatens a diesel export ban unless Berlin and Paris tap emergency stockpiles amid soaring fuel prices.
The Trump administration has demanded that France and Germany release diesel from their emergency stockpiles, threatening to impose a ban on US diesel exports if they refuse, Reuters reported, citing sources.
According to news outlet HotNews, the two countries jointly hold more than a third of the European Union's strategic diesel reserves. The US demand comes amid a sharp spike in diesel prices, which have climbed to record or near-record highs.
Further details regarding the responses from Berlin and Paris have not yet been released.