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Economy

US presses Europe to release diesel reserves

The United States urged European governments to release strategic diesel reserves immediately as higher prices increased pressure on consumers. President Donald Trump also threatened to ban US diesel exports if allies did not act. Al Jazeera and France 24 linked the supply strain to the US war on Iran. EU states planned a coordinated discussion on Friday.

Why it matters

The dispute could shift fuel shortages across the Atlantic and add economic pressure to an already widening conflict.

Sources

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