
Brussels announced its readiness to discuss coordinated measures with the IEA against the backdrop of high energy prices.
The European Commission rejected the US demand to release Europe's strategic diesel reserves and threaten an export ban, declaring its readiness to engage in dialogue with the IEA.
AI-generated summary
The US administration has demanded that European countries release about one hundred million barrels of diesel amid high prices.
BRUSSELS, Oct 2 - RIA Novosti. The European Commission rejected the US demand to release European strategic diesel reserves, while declaring its readiness to discuss coordinated measures with the International Energy Agency against the backdrop of high energy prices.
“We firmly reject the idea of banning the export of diesel fuel from the United States,” the European Commission said at a briefing in Brussels.
The EC rejected the assumption that a possible decision to release reserves would be a concession to pressure from Washington.
They emphasized that the situation with prices has been monitored since February, long before the latest US statements, and in March a coordinated release of oil reserves was already agreed upon together with the International Energy Agency.

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