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Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes. On Friday, the average ...

President Trump has said he is considering restricting overseas sales of the fuel to bring down domestic prices, but experts say the policy will have many unintended effects. By Ivan Penn and Peter ...

Energy Secretary Chris Wright threw cold water at the idea of a full ban on diesel exports Wednesday. “The blunt tool of banning diesel exports definitely doesn’t work,” Wright was quoted as saying by ...

Experts are skeptical that a diesel export ban would meaningfully reduce fuel prices in the U.S. as the Trump administration sends mixed signals about if it is considering such a move. Analysts ...

The White House has ruled out a flat diesel export ban, despite Trump and Treasury Secretary Bessent previously signaling that restrictions were being examined. Diesel prices have surged above $6.50 ...

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President Donald Trump said Tuesday that he would back a ban on U.S. diesel exports to help bring down prices. Analysts say such a move would have the exact opposite effect. “I’ve said, let’s not send ...

President Donald Trump said Tuesday his administration would issue a decision “fast, one way or the other” on whether to ban diesel exports. Trump’s remarks at the U.N. in New York came as diesel ...

President Trump said Tuesday he is considering restricting diesel exports in an effort to curb soaring fuel prices, an idea that is quickly gaining traction with more Republicans ahead of the midterm ...

Treasury Secretary Scott Bessent said the Trump administration is considering a full or partial ban on diesel exports. President Donald Trump said he supports an export ban. "I've said let's not send ...

President Trump is running out of options to help contain a historic rise in fuel prices that has Republicans on edge ahead of the midterm elections. With November approaching, the oil-and-gas ...