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BackThe United States demanded that France and Germany use diesel reserves under threat of an export ban
The United States demanded that France and Germany use diesel reserves under threat of an export ban
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РИА Новости48 minutes agoBusiness1 min readRussiaView original

The United States demanded that France and Germany use diesel reserves under threat of an export ban

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The US administration demanded that France and Germany use emergency reserves of diesel fuel under the threat of a ban on its export from the States to reduce prices.

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Why It Matters

The US administration is developing measures to reduce domestic energy prices before the elections.

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WASHINGTON, October 1 - RIA Novosti. The administration of US President Donald Trump has demanded that France and Germany begin using emergency reserves of diesel fuel to reduce world prices, Reuters reports, citing three sources.

According to the agency, the American side warned France and Germany that failure to release reserves could lead to a ban on the export of diesel fuel from the United States.

On Tuesday, the average cost of diesel fuel in the United States dropped to $6.43 per gallon (about 3.8 liters) after reaching a historic high of $6.53 a week earlier, according to data from the American Automobile Association (AAA), which was studied by RIA Novosti.

Politico previously reported that the Trump administration is developing a plan to impose a 90-day ban on diesel exports to reduce domestic energy prices ahead of the midterm congressional elections.

What to Watch

AI outlook — possibilities, not facts

  • Possible 90-day ban on US diesel exports

    Possible · Within months

Open Questions

  • How will France and Germany react to the US demand?
  • Will there be an official ban on diesel exports?

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This article was originally published by РИА Новости.

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