Ambassadors of EU countries discuss the situation on the diesel market

Today, ambassadors of EU countries will urgently deal with the energy situation on global markets. The meeting was convened by the Irish Presidency. She said the diesel market is currently "very tight," leading to high prices for consumers around the world. EU countries and the Commission are to closely coordinate further action.

Brussels, however, emphasizes that there is no problem with fuel supplies in the EU for now. “Supplies are stable for now,” said European Commission energy spokeswoman Anna-Kaisa Itkonen. The main problem is the rapidly rising prices.

In this situation, the United States is putting pressure on the EU. Washington wants European countries to consider releasing some of their strategic diesel stocks. At the same time, the USA is considering limiting diesel exports in order to increase the supply of fuel on its own market.

The European Commission opposes the American idea of ​​​​limiting exports. "We strongly reject any diesel ban. Such a ban would not benefit anyone," Itkonen said. This concerns a possible ban or restriction on the export of diesel from the USA.

At the same time, Brussels is talking to member states about the possible use of European reserves. For now, there is no decision on whether the supplies will be released, when and in what quantity. France, which chairs the G7 this year, wants to convene a video conference of the leaders of the G7 countries. They are to coordinate actions that will limit the pressure on prices and ensure security of supplies.