{"id":301729,"date":"2026-09-30T16:56:27","date_gmt":"2026-09-30T12:56:27","guid":{"rendered":"https:\/\/abcmedia.am\/?p=301729"},"modified":"2026-09-30T17:07:09","modified_gmt":"2026-09-30T13:07:09","slug":"euronews-us-presses-europe-to-release-more-emergency-oil-reserves-as-prices-surge","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/301729\/","title":{"rendered":"Euronews: US presses Europe to release more emergency oil reserves as prices surge"},"content":{"rendered":"\n

The United States has urged European countries to release more emergency oil reserves to curb soaring energy prices, as Washington announced it would put another 40 million barrels onto the market, Euronews<\/a> reports.<\/p>\n

“While the United States and Japan are delivering on their commitments, several European member countries have released only a fraction of the crude oil and petroleum products they pledged,” US Energy Secretary Chris Wright said and added: “We urge every member country to fulfil its commitments.”<\/p>\n

The appeal comes as the Trump administration considers a 90-day diesel export ban in an effort to contain domestic fuel prices ahead of November’s midterm elections. US diesel has surged to $7 a gallon while Brent crude oil has been trading between $97 and $102 per barrel since late September, an increase of $25 to $30 per barrel compared to pre-war levels.<\/p>\n

Disruption to shipping through the Strait of Hormuz, escalating tensions in the Gulf of Aden and attacks on Russian refineries have put further pressure on an already tight oil market.<\/p>\n

European Energy Commissioner Dan Jørgensen said on September 29 that the EU had spent more than €100 billion extra on energy this year without receiving any additional gas or oil in return.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

The United States has urged European countries to release more emergency oil reserves to curb soaring energy prices, as Washington announced it would put another 40 million barrels onto the market, Euronews reports. “While the United States and Japan are delivering on their commitments, several European member countries have released only a fraction of the […]<\/p>\n","protected":false},"author":18,"featured_media":301724,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,35,43],"tags":[],"class_list":["post-301729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics","category-world"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/301729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=301729"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/301729\/revisions"}],"predecessor-version":[{"id":301730,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/301729\/revisions\/301730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/301724"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=301729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=301729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=301729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}