UK Holds Emergency Talks With U.S. as Diesel Crisis Escalates

🇬🇧 Oilprice.com (GB) —
UK Holds Emergency Talks With U.S. as Diesel Crisis Escalates

AI Summary

UK Energy Secretary Miatta Fahnbulleh is holding emergency talks with US Energy Secretary Chris Wright over the Trump administration's threat to restrict diesel exports to Europe. A cut in supply could worsen fuel shortages and drive up prices, while the US is also pressing the UK and Europe to draw on emergency stockpiles.

Energy secretary Miatta Fahnbulleh is holding crunch talks with her American counterpart over Donald Trump’s threat to curb diesel exports to Europe. City AM understands that Fahnbulleh is in direct contact with US energy secretary Chris Wright to discuss a US move to potentially choke off diesel exports to Europe that threatens to upend supply and send prices at the pump soaring, a person familiar with the discussions said. The UK and Europe are being pressured by the Trump administration to tap into their emergency stockpiles of the fuel…

World Politics Markets Commodities Energy Shipping diesel fuel exports UK-US talks European supply emergency stockpiles fuel prices

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