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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 ...

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 ...

This week, President Donald Trump indicated support for a diesel export ban. Shares of U.S. refiners fell after Politico reported that the Trump administration is preparing a plan to ban diesel ...

Some Republican lawmakers are calling for a ban on U.S. diesel exports as a way to lower record-high prices. But energy experts warn the move could backfire and drive diesel prices even higher by ...

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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 ...

But industry trade group says plan would backfire and lead to even higher prices for gasoline Donald Trump on Tuesday said he backed ⁠the idea of a ban on diesel exports, which some US politicians are ...