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US wants European allies to do this 'immediately' to lower diesel prices

1 source · first seen 08:37 2 Oct · updated 08:37 2 Oct

The brief

Written from 1 report · check the source before you trade
  • The US urged European allies to release strategic diesel reserves immediately
  • Global fuel prices are surging amid supply disruptions linked to the Iran war
  • Higher global fuel prices can pressure Indian oil marketing companies

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Diesel16 todayFuel prices22 todayIran33 todayCrude oil81 todayOil and gas companies27 today

Linked by the tag Diesel

71 stories this week
  1. 2 OctWhy Are Diesel Prices Soaring and What Would a U.S. Export Ban Do?2 sources · Middle East and Ukraine wars have blocked shipments from regions supplying almost a third of global diesel exports
  2. 2 OctGovt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reportsPolicy · 1 source · Oil secretary Neeraj Mittal said restricting fuel sales at pumps is unacceptable
  3. 1 OctNobody is allowed to cap fuel sales: Petroleum SecretaryPolicy · 2 sources · Petroleum Secretary says nobody is allowed to cap fuel sales
  4. 1 OctGovt May Force Rollback Of Diesel Caps Imposed By Private RetailersPolicy · 2 sources · The Centre is engaging with private fuel retailers after diesel sales were capped at Jio-BP and Nayara pumps
  5. 1 OctUS threatens diesel export ban as Europe weighs releasing strategic stocks6 sources · Trump administration warned it could ban US diesel exports if European countries do not release reserves
All Diesel stories →

Read the reports

1 report · earliest 08:37
Economic TimesUS wants European allies to do this 'immediately' to lower diesel prices08:37