Trump weighs 90-day diesel export ban to cut US prices despite energy secretary warning

President Trump is preparing to institute a 90-day ban on diesel exports to lower domestic prices, despite opposition from Energy Secretary Chris Wright and industry insiders, according to a new report. The move would be the first restriction on American energy exports in over a decade. The ban, which could be announced in coming days, aims to redirect diesel from Asia and Europe back into the U.S. to provide relief at the pump ahead of midterm elections. The average national diesel price is $6.52 per gallon, up from $3.69 a year ago, amid global price spikes from the Strait of Hormuz closure. Wright argues the ban would backfire, noting the U.S. is the largest diesel exporter and that reducing refinery output would raise gasoline and jet fuel prices. Treasury Secretary Scott Bessent and oil executives have also opposed the measure.