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Trump Backs Diesel Export Ban as Prices Hit Record Highs

OilPrice · Irina Slav · last updated
President Trump has declared his support for a potential ban on diesel fuel exports amid record-breaking prices at the pump. “I’ve said let’s not send out the diesel. We make a lot of diesel … I’ve called for it. I’ve called for it within my people,” Trump said, as quoted by Reuters, on the sidelines of this week’s UN General Assembly. The comment follows a statement by Treasury Secretary Scott Bessent that the administration was mulling over the effectiveness of such a ban on exports, and whether it would be partial or total.…
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