France to release 10 mln barrels of diesel from strategic reserves

France to release 10 mln barrels of diesel from strategic reserves French Prime Minister Sebastien Lecornu announced Wednesday that France will release 10 million barrels of diesel from its strategic reserves to help ease pressure on the fuel market. The diesel reserves will be made available to distributors in France, a measure that would "mechanically lower prices at the pump" by around "12 to 18 euro cents per liter of diesel," Lecornu said, adding that he would soon sign a decree allowing the operation, which is expected to last three months. Lecornu also called on France's state-owned electricity utility company…