Trump’s Proposed Diesel Export Ban Raises Energy Shortage Fears in Europe
20 Articles
20 Articles
America's Diesel-Ban Threat Shows Europe Is Paying for the Iran War
A Promise Meets a Midterm On 22 September, Donald Trump said he might support a ban or quantitative limit on US diesel exports. Soon afterwards his energy secretary, Chris Wright, softened this to “restrictions” that would be “voluntary.” Brussels was not reassured. “We believe this is a bad idea,” said Commission spokesman Olof Gill, adding […] The post America’s Diesel-Ban Threat Shows Europe Is Paying for the Iran War appeared first on Modern…
What challenges does Europe's dependence on US diesel imports pose? High oil prices are slowing the economy and spreading poverty, driving up prices and interest rates, both of which are burdening public finances. Why aren't oil prices stabilizing?
The European Union imports half of its diesel from the United States, and Donald Trump threatens to shut down the faucet. Fuel and heating oil prices would be affected, shortly before the bass arrived...
EU Energy Commissioner Dan Jørgensen urged Washington not to restrict diesel exports to Europe, saying he had sent his US counterpart a “very clear signal” that maintaining the free flow of energy was in both sides’ interests
“Not having a free flow of energy in this difficult time would be good neither for us nor for them,” Jørgensen said on arrival at an informal meeting of EU energy ministers in Dublin.Bloomberg reports EU officials are now optimistic that...
The US president is considering banning the export of US-produced diesel to lower prices ahead of the November midterm elections.
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