Trump's diesel export ban plan could backfire on US and Europe

US President Donald Trump is considering a 90-day ban on US diesel exports to lower domestic fuel prices, a move that could backfire and strain relations with Europe. The proposal has supporters and opponents, including within his own administration. The plan aims to address record US diesel prices, which average $6.50 per gallon, driven by supply disruptions from the Strait of Hormuz and Ukrainian attacks on Russian refineries. Energy Secretary Chris Wright and oil executives warn that export restrictions won't automatically increase domestic supply, as Gulf Coast refineries produce a surplus that local infrastructure cannot absorb. Nearly half of the European Union's diesel imports come from the US, so a ban would pressure European consumers and businesses. Republican lawmakers from agricultural states support the measure to protect farmers during harvest season, while some propose suspending the federal diesel tax instead.