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EU Nations to Hold Emergency Meeting on Soaring Diesel Prices amid US Pressure

EU nations will meet Friday, aiming to develop a unified response to soaring diesel prices, a day after the US called on its European allies to release strategic reserves "immediately" to stem the crisis. The emergency meeting between EU member states and the European Commission is scheduled for early in the day, a Commission spokesperson said late Thursday. Washington is piling on pressure to get European help with fuel costs, with US President Donald Trump on Wednesday floating the possibility of banning diesel exports, said AFP.

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