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Trump Plans Diesel Export Ban Over Ukraine
The United States has experienced a record surge in diesel fuel prices, with the average gallon reaching $6.48, compared to $3.68 a year ago. This has raised the possibility of Trump and congressional leaders imposing a temporary ban on exports. American official Mike Waltz attributes this increase to refinery issues related to the war between Russia and Ukraine, with no connection to disruptions at the Strait of Hormuz or tensions between Iran and the United States. Meanwhile, the White House has denied reports suggesting a plan to impose a 90-day diesel export ban, as officials call for a halt in refinery strikes to ensure price stability.
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