Brussels:The European Commission has voiced concerns regarding reported US plans to restrict diesel exports, emphasizing the potential negative impact on both the EU and US energy trade.

According to Anadolu Agency, Olof Gill, a spokesperson for the commission, stated that the European Union is alarmed by the potential US ban on diesel exports, including those to the EU. He highlighted the importance of the strong and mutually beneficial energy cooperation between the EU and US and warned that any disruptions could adversely affect both parties.

Gill further mentioned that ongoing high-level discussions with the US administration are taking place. He stressed the necessity of consultation between close partners before implementing measures that could affect shared markets. While the proposal's implications on broader EU-US energy arrangements remain uncertain, Gill noted that the plans have not been finalized and are being communicated as unfavorable by the EU to the US at the highest levels.

Anna-Kaisa Itkonen, another commission spokeswoman, clarified that the EU is actively monitoring fuel markets and supplies with member states. She assured that there is currently no concrete shortage of diesel within the European Union. Itkonen also noted that in August, the US accounted for approximately 50% of EU diesel imports.

The EU's Oil Coordination Group is scheduled to meet next Tuesday to evaluate the situation across member states. Meanwhile, Politico reported that the Trump administration was considering a 90-day ban on diesel exports to lower US fuel prices ahead of the November 3 midterm elections. The White House has dismissed these reports, while fuel producers have cautioned that such a ban might lead to higher prices.