← September 24, 2026 briefing
US oil industry fights proposed diesel export ban
Economy

US oil industry fights proposed diesel export ban

The American oil industry is pushing back hard after Trump signalled he may ban diesel exports to tackle rising domestic fuel prices, with industry groups arguing there is no single fix for the crisis. A ban would rattle global fuel markets, since the US is one of the world's largest diesel exporters. The standoff is the latest sign that Trump's energy policy is pulling in two directions at once.

Sources

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