News By

Trump prepares diesel export ban — Europe alarmed

Trump prepares diesel export ban — Europe alarmed
Prague
17°
Cloudy
Exchange rate
EUR 24,35
USD 21,36
Petrol / Diesel45,63 · 50,18 Kč

Popular

Babiš Lashes Out at Judges: "Come Over, I'll Explain It Myself"

Trump prepares diesel export ban — Europe alarmed

"Will you sign my stork?": schoolchildren moved Babiš during pre-election tour

Czech Budget Deficit to Exceed 386 Billion Crowns: Expert Calls for Higher Taxes on the Wealthy

South Korea Accuses Zelensky of Leaking Details on Captured North Korean Soldiers

US President Donald Trump on Tuesday backed the idea of banning diesel fuel exports in order to bring down its price on the domestic market. That was announced by US Treasury Secretary Scott Bessent, who noted that the Trump administration is studying the possibility amid a sharp rise in fuel prices in the US, Europe and other regions driven by military conflicts.

Brussels calls for consultations

European Commission spokesperson Gill said at a regular briefing that Brussels expects close partners to consult one another before taking measures that could affect shared markets. He stressed that EU-US cooperation in energy remains solid, stable and mutually beneficial, and that any disruption to it could hurt both sides. According to him, the EU and the United States are maintaining high-level contacts on the future shape of American diesel exports.

Europe relies on American fuel

Following the escalation of the conflict in the Middle East, Europe has become heavily dependent on imports of diesel fuel and jet kerosene from the US, as hostilities have disrupted supplies from the region. The conflict flared up in late February, when the US and Israel carried out airstrikes on Iran. According to EU Commission energy spokesperson Anna-Kaisa Itkonen, imports from the US cover 50% of fuel consumption in the European Union. "Together with member states, we are watching the market situation and supply security very closely," she said, adding that the EU is currently not seeing any specific shortage of diesel fuel. The so-called oil coordination group monitoring the situation will meet again on Tuesday next week.

Cheap flights from Prague
One search across every airline and travel agency.
Find tickets
Sponsored

Czechia introduces a tax on refiners

In parallel, the Czech government decided on Monday to introduce an extraordinary tax on oil refineries, which will apply this year and next. According to the Finance Ministry, the tax covers part of the growth in gross margin compared with 2025. The move is the authorities' response to rising margins at oil refiners.

Source: novinky.cz

Share: Telegram WhatsApp

Related news

Babiš Lashes Out at Judges:

Babiš Lashes Out at Judges: "Come Over, I'll Explain It Myself"

Czech Prime Minister Andrej Babiš sharply criticized judges in a home video address, saying he is ready to personally receive representatives of the Union of Judges at the Office of the Government, where his lawyer will explain to them the

"Will you sign my stork?": schoolchildren moved Babiš during pre-election tour

Czech Prime Minister Andrej Babiš, as part of a pre-election tour of the South Moravian Region, visited the towns of Šlapanice, Bučovice and Rousínov in the Vyškov district. He made the trip ahead of the municipal and Senate elections toget
Czech Budget Deficit to Exceed 386 Billion Crowns: Expert Calls for Higher Taxes on the Wealthy

Czech Budget Deficit to Exceed 386 Billion Crowns: Expert Calls for Higher Taxes on the Wealthy

In 2026, the Czech Republic will run its state budget with a deficit of 386 billion crowns, and judging by statements from government members, the authorities have no plans to reduce this figure in the coming years. Without reforming the re
South Korea Accuses Zelensky of Leaking Details on Captured North Korean Soldiers

South Korea Accuses Zelensky of Leaking Details on Captured North Korean Soldiers

The President of South Korea has accused Ukrainian President Volodymyr Zelensky of breaching a confidentiality agreement after Kyiv publicly announced the transfer of two captured North Korean soldiers to Seoul, even though the two sides ha
NYPD Detains Susan Sarandon at Protest Against Netanyahu

NYPD Detains Susan Sarandon at Protest Against Netanyahu

New York police detained dozens of participants in a protest against arming Israel at the intersection of 39th Street and First Avenue in Manhattan — the demonstration was organized by the Jewish Voice for Peace movement. Protesters were ar
Volkswagen recalls millions of cars over possible steering failure

Volkswagen recalls millions of cars over possible steering failure

Carmaker Volkswagen has announced a large-scale recall, bringing vehicles into service centres for repairs. The recall covers models produced between September 2013 and July 2024, including cars sold in Czechia. The cause is a threaded bolt
Excess lead found in drinking water in the Central Bohemian Region

Excess lead found in drinking water in the Central Bohemian Region

In the Central Bohemian Region north of Prague, drinking water has been found to contain lead levels above the permitted limit. The water utility Středočeské vodárny has filed a criminal complaint against an unknown person. Restrictions on
Kebab Meat Without Refrigeration: Ostrava Customs Destroys 635 kg

Kebab Meat Without Refrigeration: Ostrava Customs Destroys 635 kg

Customs officers at the Ostrava Customs Office in Czechia uncovered a total of 635 kilograms of kebab meat being transported without the required refrigeration during two separate checks — the shipments were stopped near Český Těšín and nea
Woman Driver Mounts Pavement on Prague's Čech Bridge, Hits Two Pedestrians

Woman Driver Mounts Pavement on Prague's Čech Bridge, Hits Two Pedestrians

In Prague, a woman driver drove her car onto the pavement on Čech Bridge and hit two pedestrians. Five ambulance crews were sent to the scene."Three ambulance crews are working at the scene — a crew with a doctor and a crew with a specialis
Former Minister Lipavský Joins Portlík's Election Team in Prague

Former Minister Lipavský Joins Portlík's Election Team in Prague

Former Czech Foreign Minister Jan Lipavský has joined the election team of Tomáš Portlík, who heads the joint ODS and TOP 09 list in Prague's municipal elections. Lipavský will serve as his adviser on international policy, and if Portlík be
How shops will operate in Czechia on the 28 September holiday

How shops will operate in Czechia on the 28 September holiday

On 28 September, Czechia marks Czech Statehood Day, and under the 2016 law on shop opening hours, all retail outlets with a sales area of more than 200 square metres must stay closed that day. Exceptions apply only to certain shops at train
Actress Marina Vlady, widow of Vladimir Vysotsky, has died

Actress Marina Vlady, widow of Vladimir Vysotsky, has died

Actress Marina Vlady has died in France. She achieved worldwide fame for her roles in European cinema and for her marriage to the Soviet poet, actor and musician Vladimir Vysotsky. According to those close to her, she passed away at home, s