The United States on Thursday told its European allies, particularly Germany and France, to "immediately" release their strategic reserves of diesel to help lower the soaring price of the refined fuel. It comes after President Donald Trump on Wednesday floated the possibility of banning US diesel exports to stem the rise in prices. Average US diesel prices have surged over 70% to $6.39 per US gallon (€1.50 per liter) since the start of the Iran war, according to AAA motor club data. The surging cost of fuel has stoked public anger and intensified anxiety within Trump's Republican Party that it could lose control of Congress in November's midterm elections. Germany's ADAC motoring club on Thursday reported an average diesel price of €2.
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