🔻Reuters: The U.S. has asked France and Germany to release 120 million barrels of diesel from their emergency reserves into the market

Reuters, citing three people familiar with the matter, reported that the government of Donald Trump has asked Germany and France to use their emergency diesel reserves to help reduce global fuel prices; otherwise, it could face a possible ban on diesel exports from the United States.

Reuters, citing one of the three people familiar with the matter who is based in one of the European capitals, said that the U.S. has asked the European Union to release 120 million barrels of diesel within the next six months.

As written by Reuters, this warning indicates increased pressure on Europe at a time when Donald Trump, the U.S. president, is considering a possible ban on diesel exports to lower fuel prices inside the United States ahead of the midterm elections in November.