EU faces diesel shortage as major refiners ban exports
First reported 2 Oct, 10:31 UTCUpdated 1d ago8 sources
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EU member states readied for talks over a feared diesel shortage, after the US, Russia and China all touted banning or suspending exports as global prices surge.
Excerpt from Semafor
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In effort to avoid panic at pumps, Keir Mather insists supply of fuel to Britain is ‘inherently resilient’ UK diesel price hits record high of £2 a litre Business live – latest updates The government has sought to avert panic at the pumps, insisting that the UK is not facing a diesel shortage after Donald Trump…
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Doug Rediker, Managing Partner at International Capital Strategies and formerly represented the US on the Executive Board of the International Monetary Fund (IMF), says former Fed Chair Jerome Powell’s continued presence…
President Trump has ruled out a ban on diesel exports, a move he floated to reduce domestic prices but which faced doubts about its effectiveness and fears it would backfire.
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- Minister denies UK faces diesel shortage after Trump threatens to ban exports (opens The Guardian in a new tab)
In effort to avoid panic at pumps, Keir Mather insists supply of fuel to Britain is ‘inherently resilient’ UK diesel price hits record high of £2 a litre Business live – latest updates The government has sought to avert panic at the pumps, insisting that the UK is not facing a diesel shortage after Donald Trump…
- Russia Will Consider Partial Lifting of Diesel Export Ban in Case of Overproduction, Novak Says (opens The Moscow Times in a new tab)
Novak said that the situation with Ukrainian drone attacks on Russia's energy infrastructure has remained "tense."
- EU faces diesel shortage as major refiners ban exports (opens Semafor in a new tab)
EU member states readied for talks over a feared diesel shortage, after the US, Russia and China all touted banning or suspending exports as global prices surge.
- Trump nixes talk of a diesel-export ban after Europe taps stockpiles (opens The Washington Times in a new tab)
President Trump has ruled out a ban on diesel exports, a move he floated to reduce domestic prices but which faced doubts about its effectiveness and fears it would backfire.
- That's Gas: Trump Shoots Down Diesel Export Ban After European Agreement (opens Townhall in a new tab)
- Trump: Won’t Do Diesel Export Ban (opens Bloomberg in a new tab)
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Doug Rediker, Managing Partner at International Capital Strategies and formerly represented the US on the Executive Board of the International Monetary Fund (IMF), says former Fed Chair Jerome Powell’s continued presence…
- Diesel price hikes: a ‘missile’ heading for Trump voters (opens The Week in a new tab)
A proposed export ban could drive down prices in the short term, but at the risk of damaging long-term production
- The diesel panic cure could make the disease worse (opens TheBlaze in a new tab)
Diesel prices are at all-time highs, and panic has set in. Several Republican senators from Midwest farm states in competitive midterm races are calling on the administration to ban diesel exports. Even President Trump expressed support for the proposal. Lawmakers desperately want to curb the pain felt at the pump and…
