Trump Reaffirms Serious Consideration of Diesel Export Ban

President Donald Trump said Sunday he is still "very seriously" considering a ban on U.S. diesel exports to combat high prices, despite a Republican ally's denial of such plans. The measure would hurt countries like Brazil and the UK that rely on American fuel. Trump's statement came a day after Senator Ted Cruz told refinery leaders the White House had assured him no ban would be imposed. Brazil imports about 30% of its diesel, with the US as a key supplier, while UK is another major buyer. Officials are also weighing voluntary restrictions as an alternative. The issue is politically sensitive ahead of November elections, with agricultural lawmakers pressuring Trump amid harvest season. Diesel prices hit a record near $6.50 per gallon last week. A ban would likely lower U.S. prices short-term but force allies to seek other suppliers.