Trump: Europe Agreed to Immediately Release Large Quantities of Diesel Reserves to Curb Prices
The United States pushes Europe to release diesel and crude oil reserves to ease price pressures.
Translated by Qiyas from السياسة — Original source
US President Donald Trump said on Friday that Europe has agreed to release large quantities of diesel reserves, with the process to begin immediately, in a move aimed at curbing rising fuel prices.
Trump stated in a post on the “Truth Social” platform that Europe had “just agreed to release a huge amount of its large diesel reserves,” adding that the release would start immediately.
According to Reuters, EU member states had been discussing a French proposal to release 50 million barrels of diesel reserves as part of efforts to ease pressure on fuel markets and curb price hikes.
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The agency reported, citing informed sources, that the proposal also included the release of an additional 50 million barrels of crude oil by member states of the International Energy Agency. The European move comes amid US pressure to draw from emergency diesel reserves to help calm prices.
