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Washington has pressed France and Germany to release emergency diesel stocks as shortages drive prices higher, while Brussels seeks a coordinated approach intended to avoid restrictions on US fuel exports.
Diesel hits a record €2.24/l in the EU. Washington calls for stock releases and Brussels convenes the Twenty-Seven on Friday.
WASHINGTON (AP) — President Donald Trump said Friday that Europe has agreed to release some of its diesel reserves “immediately,” as the president and his Republican Party face pressure to address surging prices ahead of November’s midterm elections.