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US warns France and Germany to release diesel stocks or face export ban
The brief
- Trump is considering a diesel export ban to bring down US fuel prices
- The warning escalates US pressure on France and Germany
- France’s bond market is stumbling. Should Americans care?
- France’s 10-year bond yield heads for biggest quarterly surge since 1987
- ECB’s Lagarde rules out 2027 French presidential bid
- France and Britain in talks to end 'one in, one out' migrant deal
- Spain, France align on welcoming UK back to EU, strengthening China trade defences
US diesel export-ban threat
Trump has continued to consider restricting diesel exports as global supply tightens; US diesel exports reached a weekly record near 2 million barrels a day last month. Analysts warn a ban could raise global diesel and US gasoline prices.
Thursday, 1 October
- US warns France and Germany to release diesel stocks or face export ban