The Trump administration has urged France and Germany to release emergency diesel reserves to ease global fuel prices, warning they could otherwise face restrictions on U.S. diesel exports, according to three people familiar with the discussions who spoke to Reuters.
The pressure comes as U.S. President Donald Trump considers a possible diesel export ban in an effort to lower domestic fuel prices ahead of the November midterm elections.
One source based in a European capital told Reuters that Washington has asked the European Union to release 120 million barrels of diesel from emergency stocks over the next six months.
U.S. officials have been particularly frustrated with France and Germany, which they believe have not fully implemented earlier commitments to release emergency oil and petroleum reserves.
“It is in Europe’s best interest to work with the United States as we pursue multiple pathways to boost the supply of refined products and lower costs for consumers,” a U.S. official told Reuters.
The warning marks an escalation of U.S. pressure on European governments as the Trump administration weighs restrictions on diesel exports.
Washington is considering the measure as it looks to boost domestic supplies and reduce fuel costs for American consumers.
Any restrictions could also affect European fuel markets, given the region’s growing reliance on supplies from the United States.
Europe has become more dependent on U.S. fuel imports in recent years after banning Russian petroleum products following Russia’s invasion of Ukraine.
That reliance has increased further following disruptions to Middle Eastern supplies caused by the U.S.-Israeli war against Iran.
European markets are therefore increasingly exposed to any reduction in U.S. diesel exports. At the same time, Washington is pressing European governments to tap their emergency inventories to boost supplies and ease pressure on prices.
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Delegations from Russia, Ukraine and the United States met in Abu Dhabi on Tuesday for their first formal talks in nine months. They did so with no agreement on what a ceasefire would be tied to or who gets to keep the land currently under Russian control.
At least 17 people have been reported killed in an explosion at a steel plant in western Türkiye, after a crane collapsed during maintenance work. The disaster has prompted a criminal investigation into what went wrong at the industrial facility.
Russia and Ukraine are set to return to Abu Dhabi on Tuesday for a fourth round of U.S.-brokered peace talks, with European participation, security guarantees and territorial disputes expected to shape the negotiations.
Nvidia has launched an independent investigation into whether its chief executive, Jensen Huang, was targeted in a foreign intelligence operation, following allegations that a businesswoman with whom he had a relationship passed information to Beijing.
U.S. envoy Jared Kushner said Washington believes the Russian President is prepared to reach a peace agreement under the right conditions, as U.S., Russian and Ukrainian delegations began trilateral talks in Abu Dhabi on Tuesday 10 November.
U.S. Treasury Secretary Scott Bessent recently moved out of his home and onto a military base after Iranian threats against his life, the New York Times reported on Tuesday (10 November), citing three people familiar with the matter.
Nvidia, the world's most valuable chip company, is investigating its own boss, and China says the reasons behind it are false.
A large majority of Americans want the incoming Democratic-controlled U.S. Congress to end the war with Iran and repeal President Donald Trump’s tariffs, a new Reuters/Ipsos poll shows, pointing to strong pressure for quick action on the cost of living.
Spain’s government has approved a package of rail safety measures after train drivers went on strike on Tuesday to demand more investment in maintenance, following the country’s second deadly rail crash this year.
Russia has declared a Moldovan diplomat at the country’s embassy in Moscow undesirable, in retaliation for a similar move by Moldova last month, the Russian Foreign Ministry said on Tuesday (10 November).
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