Trump backs diesel export ban as US fuel prices hit record highs

reuters.com [$]

President Donald Trump said Tuesday he supports banning US diesel exports, a move farm-state lawmakers advocate to combat record-high fuel prices. The proposal faces opposition from his own energy officials. Trump's endorsement follows pressure from Republican Senator Chuck Grassley, who said high diesel prices are hurting farmers' income. Treasury Secretary Scott Bessent said the administration is examining whether a full or partial ban is feasible. Energy Secretary Chris Wright warned a ban could reduce refinery production and gasoline supply, while Interior Secretary Doug Burgum said it risks retaliatory measures from energy exporters and would tighten supplies for European allies.


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