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G7 nations bow to US pressure and avoid crippling diesel ban
المصدر: Al Jazeera – Breaking News, World News and Video from Al Jazeera · نُشر
Crude oil prices eased after G7 leaders bowed to US President Donald Trump’s demand to release oil and diesel reserves.
Crude oil prices eased after G7 leaders bowed to US President Donald Trump’s demand to release oil and diesel reserves.
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Watch: Why has UK diesel price hit an all time high?
Diesel has now hit an average of £2 a litre in the UK, the RAC motoring group says, with petrol prices also rising.
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Diesel prices in NI at highest level since Iran war began
The average price of a litre of diesel hit 193.3p this week, according to NI Consumer Council data.
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US pressures Europe to release diesel reserves as Trump threatens export ban
President Donald Trump has threatened to ban diesel exports in a bid to ease prices in the US ahead of the November elections.
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G7 to release millions of barrels of oil and diesel after Trump threat
The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
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The G7 will release 100 million reserve barrels of diesel fuel over the next 4 months
After increased pressure from Washington, the G7 held an emergency meeting on energy. The world's wealthiest nations say they will release 100 million barrels of oil and diesel fuel in their reserves.
NPR Topics: World ·