US Secretary of Energy Chris Wright has proposed a plan to the European government requiring EU countries to release 120 million barrels of diesel from strategic reserves within 180 days, equivalent to more than one-third of the EU's diesel reserves, to increase global supply and reduce fuel prices. The plan is viewed by the US government as an alternative measure to completely restrict diesel exports, and the US side has already contacted European countries such as Germany and France on this. Trump said on September 30 that a ban on diesel exports is still under consideration, but acknowledged that although this move may lower the price of diesel in the US, it may push up the price of other products such as gasoline. The European Commission said that any release of strategic stocks should be coordinated through the International Energy Agency. Wright, on the other hand, said that the European side is expected to announce measures to increase the supply of diesel.

Zhitongcaijing · 1d ago
US Secretary of Energy Chris Wright has proposed a plan to the European government requiring EU countries to release 120 million barrels of diesel from strategic reserves within 180 days, equivalent to more than one-third of the EU's diesel reserves, to increase global supply and reduce fuel prices. The plan is viewed by the US government as an alternative measure to completely restrict diesel exports, and the US side has already contacted European countries such as Germany and France on this. Trump said on September 30 that a ban on diesel exports is still under consideration, but acknowledged that although this move may lower the price of diesel in the US, it may push up the price of other products such as gasoline. The European Commission said that any release of strategic stocks should be coordinated through the International Energy Agency. Wright, on the other hand, said that the European side is expected to announce measures to increase the supply of diesel.