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Mmastodon WorldEU Politics first seen 20 h ago, last 13 h ago, peak #4

Trump administration urges Germany and France to tap emergency diesel reserves

Original: The Trump administration has told Germany and France to draw down emergency diesel inventories to help ease soaring glob

The Trump administration has told Germany and France to draw down their emergency diesel inventories to help ease soaring global fuel prices, or potentially face a US diesel export ban, according to three people close to the discussions. The demand puts pressure on European governments to sacrifice their own energy security cushions, and is drawing attention for its unusually forceful handling of allies on energy policy.

Why now: A reported US threat of a diesel export ban against two key allies over fuel prices is an unusual and consequential demand.

Donald TrumpUnited StatesGermanyFrance

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