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US urges France, Germany to release diesel stocks
Published : Thursday, 1 October, 2026 at 8:17 PM
Observer Online Report
Collected Photo
The United States has urged France and Germany to release emergency diesel stocks to help ease global fuel prices, warning that Washington could impose a ban on US diesel exports if they do not comply, according to sources familiar with the discussions.
The Trump administration has asked the European Union to release around 120 million barrels of diesel over the next six months, one source told Reuters.
France and Germany together hold about 35% of the EU's strategic diesel and gasoil reserves. France had around 8.2 million tonnes and Germany 5.6 million tonnes in emergency stocks, based on the latest available Eurostat data for May 2025.
The pressure comes as diesel prices have surged in several markets amid disruptions to fuel supplies from the Middle East and China.
The European Commission, France, Germany, Italy, Ireland and the United Kingdom held discussions on Thursday (October 1) over the possible release of diesel stocks, an EU official said.
US Energy Secretary Chris Wright said the administration expected European countries to announce additional diesel supplies soon, citing disruptions to exports from the Middle East and China.
France's energy ministry declined to comment, while Germany's economy ministry did not immediately respond to Reuters' request for comment.
Meanwhile, French President Emmanuel Macron is expected to convene a G7 leaders' video conference to discuss rising fuel prices, refined-product supplies and possible coordination on releasing strategic reserves with the International Energy Agency.
-AH
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Editor : Iqbal Sobhan Chowdhury
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Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Advertisement: 41053012; 01793317829, 01550707291, E-mail: [email protected], [email protected] Online: email: [email protected] 41053014; 01550707297 Advertisement: 01550707296
