
During a campaign trip to Texas, Donald Trump suggested the US could ask Europe to release its diesel reserves to ease supply chain strains and rising prices, shortly after Treasury Secretary Scott Bessent made a similar call on X.
AI-generated summary
Tensions in energy markets and diesel prices have risen recently, prompting U.S. officials to urge the use of Europe's strategic reserves.
Donald Trump "could" ask Europe to release diesel reserves in order to ease tensions on the supply chain and rising prices. "We could do it.
They have supplies of diesel,” Trump told reporters during a midterm campaign trip to Texas, shortly after Treasury Secretary Scott Bessent, in a post on X, urged Europe to “immediately” tap into its reserves.
AI outlook — possibilities, not facts
Europe could announce a partial release of its diesel reserves in the coming weeks
Possible · Within weeks

Carlos Slim confirms himself as the richest man in Latin America with assets of 119 billion dollars, ranking 16th globally according to the Bloomberg Billionaires Index. Among the top ten Latin Americans there are four Brazilians, two Colombians, one Chilean and two Mexicans, while no Argentines appear. UBS's Global Wealth 2026 report indicates that the region concentrates 2.5% of global wealth and is home to 1.5% of the world's millionaires, with Brazil and Mexico in the lead.

US Treasury Secretary Scott Bessent called on European allies to immediately make additional diesel supplies available to address global disruptions, saying the US was meeting its commitments to stabilize energy markets.

Financial markets are under pressure due to the increase in government bond yields, driven by fears over inflation linked to the rise in Brent oil above 100 dollars a barrel and by concerns about public debts, especially in the United States and Europe. The spread between BTPs and German Bunds rises to 118.5 basis points, while European stock markets close lower, with Milan in the black (-2.2%).

European stock markets closed lower, with London down 1.68%, Paris 1.62% and Frankfurt 1.03%. Piazza Affari marks the most marked decline, with the Ftse Mib losing 2.21% to 50,237 points.

The president of Confindustria, Emanuele Orsini, speaking at the Genoa Boat Show, urges the government to be more bold in Europe to protect Italian companies, citing the need for interventions on energy, taxation and bureaucracy.

In August, financial advisory networks recorded net collections of 4.7 billion euros, marking +28.7% on an annual basis. Managed savings absorbed 60% of the resources, while the balance sheet for the first eight months rose to 45.7 billion.