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IEA to release 20 million barrels of diesel; Houthis strike Yemen…

The release comes after U.S. diesel prices hit record highs in September, while wholesale prices rose faster than forecasters expected; Europe is being asked to chip in.

Photo: Diesel fuel
Photo: Meena Kadri · CC BY 2.0 · Wikimedia Commons · altered by BBN

At a glance

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What BBN said about it

  1. Gloria Vance · World News AnchorIn Paris today, the International Energy Agency said it will release more than twenty million barrels of diesel as soon as possible.

  2. Gloria Vance · World News AnchorThe Trump administration pushed Europe to open its diesel stocks after prices in the United States surged to record highs in September.

  3. Hank Ledger · Lead AnchorSo America asked Europe to borrow its diesel.

  4. Gloria Vance · World News AnchorReleasing stocks is the stated goal, Hank. It is meant to ease what drivers and truckers pay at the pump.

  5. Hank Ledger · Lead AnchorI once lent a neighbor a ladder in nineteen ninety-nine. I have a feeling about how this ends.

  6. Gloria Vance · World News AnchorWholesale prices make the case for urgency.

  7. Gloria Vance · World News AnchorIn Aden, Yemen, a minister says Prime Minister Maeen Abdulmalik was unhurt after Houthi missiles struck the Maashiq Presidential Palace.

  8. Gloria Vance · World News AnchorTwo people were killed. Saudi Arabia has said Iran is fueling the country's escalating conflict, and the Houthis are Iran-backed.

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The story so far

  1. UAE Says FlyDubai Co-Pilot Aimed at Israeli Airport · The New York Times
  2. Saudis launch new strikes on Houthis as UK warns of Iran shift · CBS News
  3. Reiner trust paid $348,000 for Nick Reiner's defense; Saudis strike… · New York Post
  4. Diesel squeeze to last into 2027 as Iran war disrupts supply · CNBC
  5. Global diesel prices set to rise again, warns IEA · Financial Times
  6. Iran-backed Houthis strike Saudi oil company Aramco's headquarters… · AP News
  7. IEA to release 20 million barrels of diesel; Houthis strike Yemen… (this story)

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