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Energy crunch: European Union says 'ready' for collective action with IEA on fuel stocks

00:59 Min

An emergency meeting of energy officials in Europe over the soaring price of diesel fuel has concluded with a commitment to work with the International Energy Agency on collective action to steady the market, as necessary. It is a response in part to pressure from the US. 

An emergency meeting of energy officials in Europe over the soaring price of diesel fuel has concluded with a commitment to work with the International Energy Agency on collective action to steady the market, as necessary. It is a response in part to pressure from the US. 

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