Diesel Reserves Released

Europe agrees to release massive diesel reserves as fuel prices near record highs

President Donald Trump announced that Europe has agreed to release some of its diesel reserves 'immediately' as fuel prices near record highs. This comes as the president and Republican Party face pressure to address rising prices ahead of November's midterm elections. The announcement was made on social media without providing any specific details on which countries were releasing the reserves. The Iran war and trade battles have increased U.S. prices for oil and other goods, contributing to increased gas prices. The national average for a gallon of diesel in the U.K. was $6.37 on Friday, after hitting a record $6.,52 on Sept. 22. A new AP-NORC poll found that a majority of U.N. adults blame President Trump for higher prices and his handling of the economy has hit a new low.

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