EU Diesel Crisis Triggers Urgent Brussels Action
9 Articles
9 Articles
European Union ambassadors will hold an emergency meeting on Friday to discuss the diesel market in connection with the U.S. ultimatum, wrote Reuters. An EU ambassador's emergency meeting will be held on the afternoon of Friday, transmitting the TASS with reference to Reuters. The discussion will take place against the background of the United States' demands for the immediate release of 120 million barrels of diesel fuel from reserves in order …
EU Diesel Crisis Triggers Urgent Brussels Action
Brussels, 2 October, (Brussels Morning Newspaper) – European governments have moved towards a major release of emergency fuel reserves as the EU diesel crisis puts fresh pressure on supplies, prices and energy security across the continent. G7 countries …
Diesel prices in Europe have doubled since the end of February, while gas prices have risen by 140 percent during that same period, the European Commission admits. High prices are hitting both residents and European industry, said EC spokeswoman Paula Pihno.
Emergency meeting of the Energy Union Task Force – Possible US bans on diesel exports a red line
Reuters had previously reported, with reference to sources, that the Trump administration had demanded that Germany and France use emergency diesel reserves to mitigate the sharp rise in world prices; otherwise, Washington threatened to ban the export of diesel fuel from the United States.
The Irish presidency convened an extraordinary meeting of the EU Permanent Representatives Committee (COREPER) on Friday (2/10) to discuss global developments in the energy sector. More...
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