US tells European allies to act ‘immediately’ to lower diesel prices

AI Summary

The United States has urged European allies, particularly France and Germany, to release strategic diesel reserves immediately to help reduce soaring global prices. The call comes amid a diesel price crisis linked to the US war on Iran, and EU member states are expected to discuss the issue.

The US on Thursday told its European allies to help lower global diesel prices by releasing strategic reserves “immediately,” with EU member states due to discuss the crisis on Friday. Reports said the Trump administration wants France and Germany in particular to tap their stockpiles of diesel to try to curb prices sent soaring by the US war on Iran. “Our European partners should accelerate delivery on their existing commitments and make additional supplies immediately available to address...