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G7 Meeting To Discuss EU Diesel Shortages

It comes as crisis talks have been held between the UK and EU

A proposal by the French President to release up to 50 million barrels of diesel will be discussed at an emergency G7 meeting this afternoon.

Emmanuel Macron will chair a video conference of G7 leaders on the global energy situation, amid concerns about potential diesel shortages.

It comes as crisis talks have been held between the UK and EU to discuss emergency diesel stocks.

Donald Trump suggested he may stop exports of the fuel, and asked European countries to use some of their own supplies.

Ireland has enough diesel in its strategic reserves to cover 95 days of demand in the event of a complete supply disruption.

Meanwhile, prices have already hit a record high in the UK.

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