Yhn BusinessFinance first seen 16 h ago, last 56 min ago, peak #8
US threatens diesel export ban unless France and Germany release stocks
Original: Sources: US tells France, Germany to release diesel stocks or face US export ban
The United States has told France and Germany to release their diesel stockpiles or face a ban on US diesel exports, according to sources cited by Reuters. The reported ultimatum puts pressure on the two European governments to tap reserves amid tight diesel supplies, and raises the prospect of transatlantic friction over energy policy at a sensitive time for global fuel markets.
Why now: An reported US ultimatum over diesel reserves threatens to strain relations with two key European allies and could affect fuel prices.
United StatesFranceGermanyReuters
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