US considers diesel export ban to curb record fuel prices

zeit.de (German)

The US government is considering a diesel export ban to address rising fuel prices, President Donald Trump announced at the UN General Assembly. The measure could have a small effect on domestic fuel costs. Trump said he has long supported the action, while Treasury Secretary Scott Bessent confirmed the government is examining the feasibility of a full or partial export halt. The US is Europe's second-largest diesel supplier after the Middle East. Fuel prices have surged due to the Iran war, with gasoline up nearly 50 percent and diesel at a record high. Several Republicans have demanded the export ban, blaming the conflict for high costs ahead of November congressional elections.


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