Europe under pressure to release diesel reserves as Trump threatens export ban
Trump is threatening to ban US diesel exports ahead of midterm elections, which could push already record-high diesel prices in the UK and Europe even higher.
President Donald Trump has threatened to ban US diesel exports, as UK diesel prices near £2 a litre.
President Trump has threatened to ban US diesel exports, putting pressure on European countries to release their own fuel reserves as UK diesel prices near £2 a litre.
US diesel hit a record high of more than $6.50 a gallon last month, partly driven by the war the US and Israel started with Iran in February, according to the article.
Energy expert Javier Blas told the BBC the situation could get much worse if the US export ban goes ahead, and European countries releasing too much reserve fuel would leave them vulnerable.
An energy expert told the BBC the situation could get much worse if the US enacts an export ban, so expect further fuel price rises at the bowser in coming weeks.
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