Energy crisis: How expensive will diesel become in Germany?
The USA are considering export restrictions on diesel. Europe is likely to be most affected by this. What does this mean for prices at German petrol stations - and could diesel become scarce?
US diesel prices have reached a record high of over $6.50 per gallon, just before the midterm elections in November. This has apparently made US President Donald Trump nervous, and he is now considering restrictions on diesel exports. However, the proposal is controversial within the government, with Energy Minister Chris Wright warning of the risks of a state-imposed export ban. The administration is exploring alternatives, including a voluntary limit on exports by refineries and a suspension of diesel taxes.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- Energy crisis: How expensive will diesel become in Germany? handelsblatt.com
