Trump: US May Ask Europe to Release Diesel Reserves
US President Donald Trump told reporters in Texas that his administration may ask European allies to release fuel from emergency stockpiles.
US President Donald Trump stated that Washington may request European allies release diesel from their emergency stockpiles, Italian news agency ANSA reported. The remarks were made to reporters during a visit to Texas.
According to reports by NBC News and Israeli financial outlet Calcalist, the US administration is pressing European nations to open reserves to boost global supplies and suppress soaring prices, while Trump weighs imposing a US diesel export ban if they do not comply.
A formal response from the European Union or European governments to the president's remarks has not yet been released.
Sources: ANSA, NBC News, calcalist.co.il
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