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Usama Rizvi

Osama (Usama) Rizvi is a Lahore-based energy and economic analyst, Global Market & Product Strategist at Primary Vision and a frequent guest on Euronews' Europe Today podcast.

Oct 2, 2026

9:45
Would releasing diesel reserves have the desired effect on the markets?
9:50
Well, this is very interesting.
9:51
I think of many consequences, what the recent war has, uh, given, uh, you know, to the world is a sudden and painful realization of energy security, and it's still, uh, dependent upon the fossil fuels.
10:03
So European reserves, 300 million barrels, represents around...
10:06
Even if all of them are released, it will only co- cover around 10 to 11 days of the world's diesel demand.
10:12
And the European countries also have to have around 90 days of diesel and other, uh, reserves to their, uh, to their, at their home.
10:19
And Trump's demand, which amounts to around 670,000 barrels per day, it already talks about around 40% of the diesel reserves being depleted.
11:51
Uh, and are we now seeing the costs of that strategy sort of feeding back into consumer prices?

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