US tells France and Germany to release diesel stocks or face US export ban, sources say
Business Recorder • • 1 min read

According to Business Recorder, three people close to the talks say Washington has pressed Germany and France to draw down emergency diesel reserves or face a possible US export ban. The demand signals a sharper push on Europe, arriving as President Trump weighs such a ban to bring fuel costs down before the November midterms.
Officials from the European Commission, Germany, France, Italy, Ireland and Britain were scheduled to join a Thursday call on whether diesel stocks should be released. A separate source in a European capital reported that Washington wants the EU to free up 120 million barrels of diesel within six months. Energy Secretary Chris Wright, speaking to reporters on Wednesday, expected new European diesel supply announcements soon.
The Elysee Palace said Macron and Trump never raised the matter during their talks at the UN General Assembly in New York, held last week. Macron, however, plans a G7 leaders' video call focused on higher fuel costs and product supply, with reserve releases to be coordinated alongside the International Energy Agency. Europe now leans heavily on American fuel, having turned away Russian imports and seen Middle East supply hit by the conflict with Iran.
At a glance
- Washington has pressed Germany and France to release emergency diesel stocks or risk a US export ban.
- Washington reportedly wants the EU to free up 120 million barrels of diesel within six months.
- Germany's economy ministry did not respond, while France's energy ministry declined to comment.
Originally reported by Business Recorder
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More PSX market news
Barrick Mining expresses interest in mineral processing industries in Karachi, GwadarDawn• 13 Nov 2026
Fire hits Kohinoor Energy Plant, 7 engines remain operationalMettis• 13 Nov 2026
UAE stocks decline on weak corporate earningsBR• 13 Nov 2026
Pakistan aims to become competitive destination for long-term mineral investment: CDFBR• 13 Nov 2026
Transsion plans deeper manufacturing footprint in PakistanMettis• 13 Nov 2026
Gold price in Pakistan falls Rs4,900 per tolaMettis• 13 Nov 2026

