Euronews explains: What would a US diesel export ban mean to European countries?

A United States ban on diesel exports would not necessarily leave Europe’s fuel stations empty overnight, but it could push up prices, forcing European governments into another round of emergency intervention just as households, farmers and hauliers are feeling the effects of the wider energy crisis.The prospect of Washington keeping those barrels at home is especially uncomfortable for Brussels, which acknowledged the bloc’s dependency on US diesel after ditching Russian energy. The Commission said the issue was being discussed with EU countries and the industry.The bloc is already facing a fuel shortage after the war with Iran disrupted supplies from the Middle East, while Russia has also restricted diesel exports.Meanwhile, European diesel prices have more than doubled since the beginning of the year and were about 38% higher year-on-year in mid-September, while refineries around the world are operating close to full capacity.Analysts argue that a potential US ban would remove…