The United States is pressing France and Germany to release emergency diesel reserves as soaring fuel prices put pressure on consumers and businesses worldwide. Washington has warned that it could restrict US diesel exports if European allies do not help increase supplies.
The move comes amid severe disruptions to global fuel supplies linked to the Iran conflict and reduced Russian diesel exports. European governments are now discussing a coordinated release of reserves, while France is also preparing a G7 meeting on the global energy crisis.
The Bharatio Times | Global News
The move comes amid severe disruptions to global fuel supplies linked to the Iran conflict and reduced Russian diesel exports. European governments are now discussing a coordinated release of reserves, while France is also preparing a G7 meeting on the global energy crisis.
The Bharatio Times | Global News