EconomyTrump sparks debate over diesel export ban
The Trump administration’s suggestion that it could ban or limit diesel exports has triggered an angry response from the US oil industry. Politicians are seeking to curb soaring energy prices before November’s midterm election, while critics warn that a ban would create supply problems and raise prices at home and abroad. The OECD says the global economy is weathering the energy shock better than expected, partly because of AI investment.

Oil industry warns diesel export ban would raise fuel prices as Trump weighs restrictionsExperts say a diesel export ban would offer only temporary relief before prices climb again as refiners reduce production.
- White House denies report US is considering a diesel export ban
A White House official on Wednesday denied a report that the United States was preparing a 90-day diesel export ban to try to contain record fuel prices. Diesel is widely used by farms, trains and trucks.
- Trump administration prepares plan for 90-day diesel export ban, Politico reports
The Trump administration is preparing a 90-day ban on diesel exports, Politico reported, citing five people familiar with the discussions. The proposal faces divisions within the administration and with the oil industry and is intended to lower energy prices weighing on Republicans ahead of the midterms.
- Trump’s diesel ban would hurt America and help China
Suspending foreign sales of the vital fuel may look beneficial in the short term, but the United States would soon suffer as a result.
- European diesel prices rise on prospect of US export ban
European diesel prices are climbing as markets weigh the possibility that Washington could suspend overseas sales. Analysts warn that such a move would be “catastrophic” for global supplies.












































































