UK in emergency talks with European allies over releasing diesel stocks

UK in emergency talks with European allies over releasing diesel stocks European countries have come under pressure after Donald Trump threatens to ban US exports of diesel - Bookmark - CommentsGo to comments Become an Independent member to bookmark this article Already a member? Log in Britain and its European allies are discussing tapping into emergency stockpiles of diesel after Donald Trump threatened a ban on US exports. Officials from the UK, Germany, France, Italy and Ireland held calls on Thursday morning to discuss the possible need to release their emergency stocks. President Trump had reportedly told Germany and France to draw down emergency diesel inventories to help to ease global fuel prices, as he threatened to cut off American supply. The US president is said to be frustrated with the two countries for not fully following through on earlier commitments to release emergency oil and petroleum stocks. His ongoing war with Iran, along with the Russian-Ukraine conflict, continues to choke off global oil supplies. A US official told Reuters: “It is in Europe’s best interest to work with the United States as we pursue multiple pathways to boost the supply of refined products and lower costs for consumers.” US energy secretary Chris Wright told reporters on Wednesday that the US administration expected announcements soon from Europe about new diesel supplies. “We've lost some diesel exports from the Middle East, although we're restoring those, and we've lost diesel exports from China,” he said. “So that's a lot of interruptions.” More follows... Join our commenting forum Join thought-provoking conversations, follow other Independent readers and see their replies Comments [Image text:] TESCO We're open Monday to Saturday 6am-Midnight Sunday 10am-4pm Unleaded Litre Diesel Litre Cafe