🇪🇺🇺🇸 European Union countries are holding crisis talks on the release of emergency oil reserves, as rising diesel prices tighten supplies ahead of winter.

🇪🇺🇺🇸 European Union countries are holding crisis talks on the release of emergency oil reserves, as rising diesel prices tighten supplies ahead of winter.

Washington is pressing Europe to release more diesel, with the Trump administration considering a 90-day ban on US diesel exports as it seeks to contain domestic prices.

EU Energy Commissioner Dan Jorgensen said another emergency release was "possible", after the IEA released 400 million barrels in March following the closure of the Strait of Hormuz.