# Australian diesel prices could top $3 a litre if Trump cuts US exports

https://mins.news/en/item/71775

- The Guardian, 2026-09-24 06:18 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/sep/24/diesel-prices-across-australia-could-surge-beyond-3-a-litre-as-trump-eyes-cut-to-us-fuel-exports

> Australian diesel prices could rise above A$3 a litre if Donald Trump’s administration bans US diesel exports amid stalled negotiations with Iran. Prices have climbed nearly 40 cents this month as Middle East hostilities disrupt supply. A ban could intensify competition for Asian shipments, raising inflation risks and pressure for higher interest rates.

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