U.S. diesel exports have averaged about 1.5 million barrels per day in 2026, while policymakers have considered restrictions as domestic prices surged. S&P Global CERA estimates a complete export ban ...
US President Donald Trump has said he would back a ban on diesel producers selling overseas as surging fuel prices hit drivers ahead of the midterm elections. Diesel prices are hovering near a record ...
Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes. On Friday, the average ...
President Trump has said he is considering restricting overseas sales of the fuel to bring down domestic prices, but experts say the policy will have many unintended effects. By Ivan Penn and Peter ...
When voters are mad about a problem—particularly before an election—politicians usually try to solve it. Ideally, their proposed fix would be wise. But sometimes the solution that seems politically ...
Energy Secretary Chris Wright threw cold water at the idea of a full ban on diesel exports Wednesday. “The blunt tool of banning diesel exports definitely doesn’t work,” Wright was quoted as saying by ...
The White House has ruled out a flat diesel export ban, despite Trump and Treasury Secretary Bessent previously signaling that restrictions were being examined. Diesel prices have surged above $6.50 ...
This week, President Donald Trump indicated support for a diesel export ban. Shares of U.S. refiners fell after Politico reported that the Trump administration is preparing a plan to ban diesel ...
Some Republican lawmakers are calling for a ban on U.S. diesel exports as a way to lower record-high prices. But energy experts warn the move could backfire and drive diesel prices even higher by ...
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President Donald Trump said Tuesday that he would back a ban on U.S. diesel exports to help bring down prices. Analysts say such a move would have the exact opposite effect. “I’ve said, let’s not send ...
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