US weighs diesel export ban to fight high fuel prices

fnp.de (German)

The US government is considering a diesel export ban to combat rising fuel prices, a move that could impact Europe. President Donald Trump announced the review during the UN General Assembly in New York. The US is a major diesel producer, and halting exports could slightly lower domestic prices. Treasury Secretary Scott Bessent said officials are 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. Fuel prices have spiked due to the Iran war, with diesel hitting a record high and gasoline up nearly 50 percent.


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US weighs diesel export ban to fight high fuel prices | News Minimalist