Trump backs possible US diesel export ban

US President Donald Trump has expressed enactment for a imaginable prohibition connected diesel exports arsenic substance prices proceed to emergence amid the ongoing struggle successful the Middle East.

Trump backed the projected program on Tuesday while speaking to reporters during a gathering with Ukrainian President, Volodymyr Zelensky, successful New York.

“I’ve called for that too. I’ve said, let’s not nonstop retired the diesel,” Trump said erstwhile asked astir the proposal.

He added that the United States produces important quantities of diesel and suggested that restricting exports could person an interaction connected home petrol prices.

US Treasury Secretary Scott Bessent, who was besides contiguous astatine the meeting, said the medication was examining whether a afloat oregon partial export prohibition would beryllium feasible, fixed the country’s wide refining capacity.

“We’re looking astatine whether it’s feasible successful presumption of the wide refining capableness and whether a afloat oregon partial prohibition would work,” Bessent said.

Republican Senate Majority Leader John Thune had besides indicated past week that helium was unfastened to a diesel export prohibition if it could assistance trim unit connected substance prices.

Fuel prices successful the US have...