US Asks EU to Release 120 Million Barrels of Diesel Over 180 Days
Summary
- The US was reported to have asked the EU to release 120 million barrels of diesel into the market over the next 180 days.
- The report said the US warned that export restrictions could be imposed on US diesel and related products if the EU does not accept the request.
- No details were provided on the specific release method or the scope of any export restrictions.
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The US has asked the European Union to release 120 million barrels of diesel into the market over the next 180 days, Cointelegraph reported on October 1. The report added that Washington warned it could impose an export ban if the EU refuses.
According to Cointelegraph, the US requested that the EU release a total of 120 million barrels of diesel over 180 days.
Washington also warned that it could impose export restrictions on US diesel and related products if the EU does not comply.
No details were provided on how the release would be carried out or on the scope of any export restrictions.
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