Oil and diesel reserve proposal from France

According to sources, France has proposed that European countries and International Energy Agency (IEA) member countries release 100 million barrels of diesel and crude oil. It is stated that this move by France may help appease the Trump administration, which wants Brussels to make more efforts to reduce fuel prices.

According to the proposal put forward at the online meeting held among European officials to discuss the launch of the fuel, European countries will release 50 million barrels of diesel. According to the proposal reported by the sources, IEA member countries will put 50 million barrels of crude oil on the market.

Bessent calls on Europe to resolve diesel supply disruptions

US Treasury Secretary Scott Bessent called on European partners to accelerate the process of meeting their existing commitments and immediately bring additional supply to the market to address disruptions in global diesel supply.

Bessent shared the issue on the social media platform account of US-based company X.

Stating that the USA, under the leadership of US President Donald Trump, has fulfilled its commitments to help stabilize global energy markets, Bessent said, "Our European partners should accelerate the process of fulfilling their current commitments and immediately introduce additional supply to the market to eliminate ongoing disruptions." he said.

Bessent emphasized that American farmers, truckers and businesses should not be forced to bear the burden of the global diesel shortage.

Arguing that the USA has done its part, Bessent said, "We expect our allies to fulfill their commitments."

On the other hand, US President Donald Trump, in his statement to the press in Texas, where he went for a rally, stated that they may ask European countries to put their diesel stocks on the market.