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Latest News · Daily Wire · October 2, 2026

Trump Put The Squeeze On Europe. It Worked.

Latest News DAILY WIRE POLITIKOOL · LATEST NEWS

Under pressure from Washington, the Group of Seven has agreed to tap emergency fuel stocks, with a particular focus on diesel. The deal, announced Friday, commits members to put 100 million barrels of crude and petroleum products on the market through the International Energy Agency across four months, with a large share of the diesel arriving in the first 20 days. President Donald Trump said Europe would start releasing its diesel immediately, according to Daily Wire.

Politico reports that the Trump administration contacted European capitals individually while diesel costs rose across the Atlantic, and warned it might curb American diesel exports, which Europe increasingly relies on. Treasury Secretary Scott Bessent separately pushed U. S. oil executives to move faster on existing reserve pledges and to free up more fuel. One European diplomat called the demand "blackmail," and Germany was among the governments said to have resisted. Officials also noted that the 100 million barrels counts releases already completed, so the amount of truly new supply is uncertain.

French President Emmanuel Macron, whose country chairs the G7 this year, described the talks as constructive and the outcome as a joint decision. European Commission officials disputed that U. S. threats drove it.

Summarized by PolitiKool from Daily Wire’s reporting. Read the full story at Daily Wire →