Trump backs diesel export ban as fuel prices hit record highs
AI Summary
Former US President Donald Trump supports a proposed ban on diesel exports amid record-high fuel prices, influenced by reduced exports from major producers like Russia, Saudi Arabia, and the UAE due to conflicts in Iran and Ukraine.
Wars in Iran and Ukraine have sharply cut exports from large producers such as Russia, Saudi Arabia and the UAE
World Politics Markets Commodities Energy Trump diesel export ban fuel prices Russia Saudi Arabia UAE Iran conflict Ukraine war