Washington Urges Europe to Release Emergency Diesel Reserves Amid High Prices

U.S. trade envoy Jamieson Greer urged nations on the continent to make the move in an interview during a meeting of G20 trade ministers in Milwaukee.

Washington Urges Europe to Release Emergency Diesel Reserves Amid High Prices

TL;DR

  • U.S. Trade Representative Jamieson Greer called on European nations to release their diesel reserves.
  • The call comes as the price of diesel continues to rise significantly.
  • Greer made the comments during an interview with Bloomberg TV on October 1st.
  • The Trump administration believes the price hike is a "one-time spike."
  • The issue of a potential U.S. ban on diesel exports was also raised on a bilateral basis.