US Considers Diesel Export Ban to Cut Record Fuel Prices

kurier.at (German)

The US government is considering a diesel export ban to address record-high domestic fuel prices, President Donald Trump said Tuesday at the UN General Assembly in New York. A halt could slightly lower US fuel costs. Treasury Secretary Scott Bessent said officials are studying a full or partial export halt. Such a move could impact Europe, as the US is its second-largest diesel supplier after the Middle East, following Russia's pre-war role. Fuel prices have surged due to the Iran war, with gasoline up nearly 50 percent and diesel at record highs, pressuring Trump before November's congressional elections. Some Republicans, including Mike Rogers, Ashley Hinson, and Dan Sullivan, have backed the ban.


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