US Warns France and Germany to Tap Diesel Reserves or Face Export Ban

The Trump administration has warned Germany and France to draw down emergency diesel inventories or potentially face a U.S. export ban on diesel, sources said. In response to mounting supply risks, crude prices climbed, with Brent trading near $99.96 per barrel and WTI crude futures advancing above $92.38 per barrel. The escalation follows an initial push by the White House urging the European Union to tap emergency diesel reserves to curb elevated global fuel costs and voter cost-of-living pressures ahead of midterm elections, with U.S. officials also reviewing domestic refinery coordination.