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Europe’s Diesel Woes Just Got Even Worse
China this week announced it will suspend all fuel exports this month to keep its domestic market supplied.
Summary
China this week announced it will suspend all fuel exports this month to keep its domestic market supplied. Also this week, President Donald Trump demanded that Germany and France release 120 million barrels of diesel from their storage or get hit with a U.S. diesel export ban. Europe is running out of options to stay well supplied with a critical fuel.
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