
- European nations including the UK held emergency talks over potential diesel stockpile releases following US export ban threats from Donald Trump.
- US President Donald Trump urged European allies to draw down emergency reserves to ease global fuel prices driven up by conflicts involving Iran and Ukraine.
- UK Chancellor John Healey confirmed the government is taking the export threat seriously and noted that the UK holds its own diesel reserves.
- Average UK diesel prices hit a record high of 199.18p per litre, with the UK relying on the US for approximately one third of its diesel supply.
- British officials are negotiating with Washington regarding the potential ban, with Andy Burnham stating he would seek an exemption for the UK.
IN FULL



