French President Emmanuel Macron (file photo) on October 2 local time called on the Group of Seven to take coordinated action, avoid implementing export restrictions, and work together to curb rising fuel prices.

The United States is asking Europe to further tap fuel reserves, especially urging France and Germany to release emergency diesel stockpiles. According to U.S. sources, Washington wants the European Union to put 120 million barrels of diesel onto the market over the next six months, while not ruling out restricting U.S. diesel exports to ease domestic price pressures.

Affected by the ban on Russian oil products and disrupted Middle East supply, Europe's reliance on U.S. diesel has increased significantly. France consumes about 600,000 barrels of diesel per day, roughly half of which relies on imports. If the United States restricts exports, it could further push up European fuel prices and intensify cost pressures on the transport and agriculture sectors.