Trump: Europe to release diesel

Yesterday, 16:02

Isak Lundholm Larsson

Donald Trump writes on Truth Social that Europe has agreed to release "massive amounts" of diesel to the US from its strategic reserves.

"The process will begin immediately," the US President writes.

Emmanuel Macron confirms Trump's statement, according to Bloomberg. The French President says that G7 nations will release 100 million barrels of diesel and crude oil from their reserves over the coming four months.

Trump had previously threatened an export ban targeting countries such as Germany and France if they did not release the diesel, according to Reuters.