Finance

EU diesel talks face US export-ban warning

European countries are holding crisis talks on diesel stocks after the Trump administration urged them to release strategic reserves.

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Owen Mercer
Markets and Finance Editor
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Source: Financial Times · View original source
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EU countries are holding crisis talks over possible releases of diesel stocks, as pressure from the Trump administration adds a trade threat to the discussions.

The Financial Times reported that the administration warned it could ban US diesel exports if European countries do not release strategic reserves.

The available reporting does not identify which countries are involved or say whether any have agreed to release stocks. It also describes a possible export ban warning, not a formal US policy decision.

The talks put diesel reserves and access to US supplies at the centre of a dispute between Washington and European countries. No further details on the discussions or any outcome were provided.

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