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White House Urges EU To Release Diesel Reserves To Lower Global Prices Ahead Of Midterms

White House Urges EU To Release Diesel Reserves To Lower Global Prices Ahead Of Midterms
FILE PHOTO: A driver operates the diesel pump at a truck stop in Dunnigan, California, U.S., September 28, 2026. REUTERS/Fred Greaves/File Photo

The White House has asked the European Union to release emergency diesel reserves to help reduce global fuel prices, two sources told Reuters. The move is one element of a broader push by the Trump administration to ease rising diesel costs ahead of November's midterm elections. Options being considered include urging foreign stockpile releases, limiting U.S. diesel exports and working with refiners to boost domestic output. The White House did not immediately comment.

The White House has asked the European Union to draw down emergency diesel inventories in an effort to help lower global prices, according to two sources familiar with the request. The appeal is part of a broader set of measures President Donald Trump and his administration are weighing to ease fuel costs ahead of November's midterm elections.

Soaring diesel prices have become a political problem for Republicans, particularly in U.S. farm states where diesel is essential for agriculture, trucking and manufacturing. With pressure mounting to address the cost-of-living squeeze before voters head to the polls, the administration is exploring multiple tools to relieve supply constraints and soften prices.

White House Urges EU To Release Diesel Reserves To Lower Global Prices Ahead Of Midterms
FILE PHOTO: The current price of diesel fuel is shown in Encinitas, California, U.S., September 16, 2026. REUTERS/Mike Blake/File Photo

Key Options Under Consideration:

  • Urging foreign governments and international partners to release emergency diesel stockpiles.
  • Restricting U.S. diesel exports temporarily to keep more supply at home.
  • Working with refiners to increase domestic diesel production and distribution.

The White House did not immediately respond to requests for comment. Reuters reported the developments based on two sources familiar with the matter.

Reporting by Jarrett Renshaw in Washington; Editing by Nathan Crooks and Timothy Gardner.

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White House Urges EU To Release Diesel Reserves To Lower Global Prices Ahead Of Midterms - CRBC News