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US pressures Europe over diesel reserves as Trump threatens export ban

President Donald Trump has threatened to ban diesel exports in a bid to ease prices in the US ahead of the November elections.

Tarun Mottlia

Via BBC News

·Excerpt
US pressures Europe over diesel reserves as Trump threatens export ban
Image: BBC News (Tech & Business)

Donald Trump has said he may ask European countries to release some of their diesel reserves as he considers banning US exports of the fuel.

The US President's comment comes after Treasury Secretary Scott Bessent urged Europe to get ready to release diesel supplies immediately, arguing that US farmers, truckers, and businesses "should not be left carrying the burden" as prices soar.

The US has threatened to restrict diesel exports after the war in Iran caused prices to soar. The…

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