U.S. diesel prices hit a record high; Trump says Europe agreed to release large reserves to ease supply pressure.

Zhito Finance APP has learned that U.S. President Trump said on Friday that Europe has agreed to release a large amount of diesel reserves to ease the global fuel supply crunch caused by conflicts in the Middle East and Eastern Europe. Previously, the average U.S. diesel price had surged to a record high of $6.5 per gallon. As Europe may take measures to jointly release energy reserves, international oil prices fell sharply in early trading on Friday.