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President Trump says that "Europe has just agreed to release a massive amount of their heavily stocked Diesel Oil." 🇪🇺 🇺🇸 On October 1 the European Commission was arguing on principle that strategic reserves shouldn't be used to manage prices, Germany was sitting on 15 million pledged barrels it had never released 77% of its commitment untouched — France was holding its full stockpile, and Paris was handing out €450 million in consumer fuel subsidies rather than opening a tank. By October 2, France is proposing 50 million barrels of diesel in 20 days plus 50 million of crude through the IEA. That is a complete reversal in roughly a day, and it did not happen by coincidence about reserve policy. It happened because US applied pressure.