Trump: Europe agrees to release diesel stocks

US President Donald Trump announced that Europe has agreed to release a large amount of the diesel it has in stock.

Trump shared the issue on his Truth Social account.

US President Trump said, "Europe has agreed to release a large amount of diesel, which is in large quantities in its stocks, to the market. The process will begin immediately."

According to American Automobile Association (AAA) data, the average gallon price of diesel in the USA reached a record level of $6.53 on September 22.

The average gallon price of diesel was recorded as $6.37 as of October 2.

A CALL WAS MADE FOR DIESEL FUEL

Explaining that they are still considering the option of restricting diesel exports in the face of rising diesel prices this week, Trump stated yesterday that they may ask European countries to put their diesel stocks on the market.

Yesterday, US Treasury Secretary Scott Bessent called on European partners to accelerate the process of fulfilling their current commitments and immediately introduce additional supply to the market in order to eliminate the disruptions in global diesel supply.

It was reported in the press that the US administration asked European Union countries to release one-third of the diesel in their strategic reserves in order to reduce rising fuel prices.