White House denies plan to ban diesel exports

usnews.com

The White House denied a news report on Wednesday claiming the US is preparing a 90-day ban on diesel exports to control record fuel prices. An official rejected the story, which cited diesel costs exceeding $6.50 a gallon. Energy Secretary Chris Wright said no flat ban is being considered, arguing it would not work and could raise gasoline and jet fuel prices. He confirmed discussions on voluntary measures to increase diesel supplies. The record prices stem from wars in Iran and Ukraine disrupting oil deliveries, posing a political risk for President Donald Trump ahead of midterm elections. Wright offered no further details on the voluntary approach.


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