cross-posted from: https://lemmy.zip/post/72557390
The agreement to release oil stocks comes amid growing concerns in Brussels about entering winter with low strategic reserves, and becoming more susceptible to what several EU officials described as US “blackmail”.
The way I understand the deal is that it’s no great concession to release some diesel reserves over a winter with high diesel prices.
But it’s disconcerting that it’s done at the behest and benefit of US internal politics to cover for shitty US international politics.
When the US reneges on any long term deal, I sure hope the EU got their worth in a short term deal.