US considers diesel export ban as fuel prices hit record highs

shz.de (German)

The US government is considering a diesel export ban to combat rising fuel prices, President Donald Trump announced at the UN General Assembly in New York. The measure could impact European supply. Trump said the US produces large amounts of diesel and halting exports could slightly lower domestic fuel prices. Treasury Secretary Scott Bessent confirmed the government is examining the feasibility of a full or partial export stop. The US has been Europe's second-largest diesel supplier after the Middle East in recent years, following Russia's invasion of Ukraine. Diesel prices in the US recently hit record highs amid the Iran war, pressuring Trump ahead of November congressional elections.


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