Trump weighs diesel export ban as prices hit record high
President Donald Trump said Sunday he is "very seriously" considering banning diesel exports to combat soaring fuel prices ahead of November's midterm elections, a move he acknowledged could slightly raise gasoline prices. The White House faces intense political pressure from agricultural-state lawmakers to limit foreign diesel sales, as conflicts in Russia and the Middle East tighten supply and drive retail diesel prices to a record $6.51 per gallon. Energy Secretary Chris Wright said restrictions are being weighed rather than a full ban, while the European Commission has expressed concern over the reports. Diesel is critical for farm equipment, freight trains, long-haul trucks, and delivery vehicles, making its rising cost a key voter concern about the cost of living. Trump previously said a decision would come "one way or another," and multiple outlets report the administration is studying the potential impact of such an action.