Trump administration urges Germany, France to release diesel stocks or face potential US export ban

  • Trump administration urged Germany and France to draw down emergency diesel inventories.
  • Three people close to discussions cited a potential US diesel export ban.
  • Chris Wright called for coordinated releases before harvest and winter heating-oil seasons.

The Trump administration has told Germany and France to draw down emergency diesel inventories to help ease soaring global fuel prices or face a potential US diesel export ban, according to three people close to the discussions. US Energy Secretary Chris Wright told Fox News on Thursday that he was highly confident Europe would help through a coordinated release. He said diesel was available and that the timing was important as harvest season and winter heating-oil demand approach, adding that positive news was forthcoming.

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