Trump Backs Diesel Export Ban as Prices Hit Record Highs

AI Summary

President Trump expressed support for a potential diesel fuel export ban amid record-high diesel prices at the pump. The administration is considering the effectiveness and scope of such a ban, reflecting energy market concerns and national policy deliberations.

President Trump has declared his support for a potential ban on diesel fuel exports amid record-breaking prices at the pump. “I've said let's not send out the diesel. We make a lot of diesel ... I've called for it. I've called for it within my people,” Trump said, as quoted by Reuters, on the sidelines of this week’s UN General Assembly. The comment follows a statement by Treasury Secretary Scott Bessent that the administration was mulling over the effectiveness of such a ban on exports, and whether it would be partial or total.…