# Trump forces Europe to release 100m barrels of diesel

> G7 leaders agree to flood markets with strategic reserves after Trump threatens to ban US exports to the bloc.
- Title: Trump forces Europe to release 100m barrels of diesel
- Summary: G7 leaders agree to flood markets with strategic reserves after Trump threatens to ban US exports to the bloc. G7 nations agreed to release 100 million…
- Keywords: donald trump, diesel prices, emmanuel macron, european union, strategic reserves, iran conflict, uk economy, fuel supply, politics, news, Trump, forces
- Source: The Independent — https://independent.co.uk/news/uk/politics/uk-diesel-shortage-trump-europe-b3060784.html
- Published: 2026-10-03T10:56:47+00:00
- Read time: 2 min
- Topics: donald trump, diesel prices, g7, emmanuel macron, european union, strategic reserves, iran conflict, uk economy, fuel supply, politics, news
## Trump threatens to cut off diesel
Donald Trump threatened to ban US diesel exports to Europe unless the bloc released strategic reserves to bring down global fuel prices.
## G7 agrees to release 100m barrels
G7 leaders agreed to release up to 100 million barrels of diesel within four months, announced by Emmanuel Macron after crisis talks on Friday.
## Deal follows Trump's Iran conflict
The agreement came after a US standoff with the EU following Trump's conflict with Iran, which sent diesel prices soaring across global markets.
## UK diesel hits record high
The average price of a litre of diesel in the UK hit two hundred point zero one pence on Friday, the first time it reached that level.
## White House hails Trump as dealmaker
White House officials praised Trump as the dealmaker-in-chief for forcing Europe to act. Deputy press secretary Taylor Rogers said it would bring diesel prices down.

> President Trump always negotiates deals that serve the best interests of the American people.
## UK transport minister reassures on supply
Transport minister Keir Mather said the UK has a diverse range of diesel supply and is working closely with the US and international partners on the issue.

> I want to reassure people this morning that the United Kingdom has got a diverse range of supply when it comes to diesel.
## Expert warns of short-term fix only
Dr Jonathan Owens from the University of Salford said releasing emergency stocks provides short-term relief but does not solve underlying issues or protect against future disruption.

> Emergency stocks can provide valuable breathing space, but they are a short-term intervention rather than a long-term solution.
## Higher costs ripple through economy
Filling an average family car now costs one hundred ten pounds, up thirty two pounds since February. Higher diesel costs push up food, construction and delivery prices.
## Ban could raise prices forty to fifty percent
Angel Talavera, chief European economist for Oxford Economics, warned a full US export ban would have devastating consequences, potentially lifting European diesel prices by forty to fifty percent.

> If enacted, a full ban could lift European diesel prices by 40 per cent to 50 per cent, which would have devastating consequences.
## UK seeks exemption from potential ban
British officials are in talks with the US over any possible export ban. Chancellor John Healey said he is taking the threat very seriously and the UK has its own stocks.

> We're also making the provision that we may need to and we have our own stocks in the UK.
## Key takeaway

G7 nations agreed to release 100 million barrels of diesel within four months after Trump threatened to cut off US supplies unless Europe released its reserves.