EU discusses France's plan to release diesel and crude oil inventories to cope with fuel supply pressure

EU countries are discussing France's proposal to release 50 million barrels of diesel stocks from European countries, while member states of the International Energy Agency release 50 million barrels of crude oil. Various countries have discussed that the agreement to release diesel inventories should include a commitment from the United States to avoid unilaterally imposing a ban on diesel exports. French President Macron spoke with US President Trump and Canadian Prime Minister Trudeau to discuss responding to rising fuel prices and ensuring the supply of refined oil products. (Source: Reuters, Jin Shi)