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WASHINGTON — President Donald Trump said Oct. 2 that Europe has agreed to release some of its diesel reserves “immediately,” as the president and his Republican Party face pressure to address surging prices ahead of November’s midterm elections.
Trump announced the action Oct. 2 on social media without offering details on which countries were releasing reserves or at what volumes.
Trump writes, “Europe has just agreed to release a massive amount of their heavily stocked Diesel Oil.” Trump says, “The process will begin immediately.”
The president faces lagging approval ratings as the Iran war and his trade battles have increased U.S. prices for oil and other goods.
Source: www.ttnews.com
