US President Donald Trump says that Europe has agreed to release large quantities of diesel from its reserves and that the process is beginning immediately. The president writes this on Truth Social.
Earlier on Friday, Reuters reported that EU countries were discussing a French proposal to release 50 million barrels of diesel from European reserves.
The US has pressured Europe to increase supply in order to curb rising fuel prices. According to media reports, the US has threatened countries such as France and Germany with a diesel export ban.