- European nations including the UK held emergency talks over potential diesel stockpile releases following US export ban threats from Donald Trump.
- US President Donald Trump urged European allies to draw down emergency reserves to ease global fuel prices driven up by conflicts involving Iran and Ukraine.
- UK Chancellor John Healey confirmed the government is taking the export threat seriously and noted that the UK holds its own diesel reserves.
- Average UK diesel prices hit a record high of 199.18p per litre, with the UK relying on the US for approximately one third of its diesel supply.
- British officials are negotiating with Washington regarding the potential ban, with Andy Burnham stating he would seek an exemption for the UK.
IN FULL
UK in emergency talks with European allies over releasing diesel stocks