UK Warns Full US Diesel Export Ban Would Be a Significant Concern
Britain sources about one-sixth of its diesel from the United States, and Business Secretary Jonathan Reynolds says a full U.S. export ban would be a significant concern, while noting the UK's fuel supply is diversified.
U.K. Business Secretary Jonathan Reynolds said a full U.S. ban on diesel exports would be a “significant concern” for Britain because the country sources roughly one-sixth of its diesel from the United States.
He stressed that the U.K. has a diverse fuel supply, indicating that alternative sources could help cushion the impact of any potential restriction.
The remarks underscore the U.K.’s exposure to U.S. refined fuel flows even as officials point to supply flexibility. The original post did not specify whether such a ban is being formally proposed or how soon it might take effect.
Source: First Squawk