Trump ‘very seriously’ considering diesel export ban as global supply crunch worsens

Why it matters

A diesel export ban could tighten global supply and backfire into higher US gasoline prices.

Details

Analysts warn an export ban could backfire, pushing up global diesel prices and potentially triggering higher U.S. gasoline prices as refiners adjust.

Related assets & topics

Sources

• googlenews · news.google.com · 2026-09-28 08:24 UTC
• cnbc · 2026-09-28 08:24 UTC

Related stories

• ‘Love letter’: California AG takes aim at Trump’s links to Big Oil
  Commodity · 2026-09-28 09:00 UTC
• Germany's Gas Storage Sits at 57%, but VNG Says Winter Supply Is Covered
  Commodity · 2026-09-28 09:00 UTC
• 🇺🇸🇮🇷 The U.S. dollar is heading for its best month since June, and Trump's rejection of Iran's peace deal is giving it another push Oil jumped back above $107 a barrel on the news, feeding fears that inflation will stay high and pushing traders to bet the Fed will RAISE interest
  News · 2026-09-28 08:40 UTC
• Stocks fall as Middle East stalemate boosts oil
  Commodity · 2026-09-28 08:34 UTC
• TRUMP SERIOUSLY CONSIDERS U.S. DIESEL EXPORT BAN President Trump said the U.S. is “very seriously” considering restricting diesel exports, despite concerns it could push gasoline prices higher. Trump blamed current fuel pressures largely on attacks against Russian refineries.
  News · 2026-09-28 07:48 UTC

More on the feed →