UK is not facing diesel shortage despite fears of Trump export ban, minister says
Summary
The UK government says there is no shortage of diesel fuel despite concerns about a possible US export ban. The UK gets diesel from many places, including Europe and the US, and has emergency reserves to help if needed.Key Facts
- The UK relies on the US for about 30% of its diesel supply.
- Most UK diesel comes from mainland Europe.
- The UK has emergency diesel reserves that can last 42 days.
- The UK’s biggest refinery, Fawley, will be closed for up to 10 weeks for maintenance.
- The government is in talks with European countries about releasing emergency diesel stockpiles.
- The average price of diesel in the UK reached a record high of 199.72p per litre.
- The government has kept a 5p per litre cut in fuel duty (a tax on fuel) to help with high prices.
- The EU and International Energy Agency members are discussing releasing emergency diesel reserves to ease supply issues.
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