The Commission and the Member States held talks on Friday morning regarding the high diesel prices. “The EU is ready to take joint action within the framework of the International Energy Agency. It is their responsibility to organise any release of reserves,” the spokeswoman stated afterwards.
The United States is urging European countries to release part of their national reserves onto the market to help lower the high diesel prices. Media reports suggest that Washington is specifically requesting the release of 120 million barrels, approximately one-third of the total stocks.
President Donald Trump previously suggested that the US could prohibit diesel exports as a form of leverage, a proposal the Commission rejected again on Friday. “We strongly oppose any ban on diesel. Such a measure would be detrimental to everyone. It would undermine our confidence in the United States as a reliable partner,” the spokeswoman warned.
According to the Commission, there may soon be further discussions with Trump. France, which is currently presiding over the G7, would, according to the spokeswoman, like to organise a video conference of leaders as soon as possible to coordinate potential measures against high prices. President Emmanuel Macron already spoke with Trump during the night from Thursday to Friday.
The initial translation of this content was generated by AI. All facts, context, and language have subsequently been verified and validated by a human editorial team.
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