US weighing feasibility of diesel export ban after Trump support
Middle East Eye
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Middle East Eye
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US Treasury Secretary Scott Bessent said the administration is examining the feasibility of imposing a diesel export ban, following President Donald Trump's endorsement amid record fuel price surges. The move comes as Republican candidates in tight November races push for the measure to combat skyrocketing energy costs.
US Treasury Secretary Scott Bessent has said that the administration was examining whether a ban on diesel exports was feasibile, after US President Donald Trump said he backed such a ban amid a record surge in diesel prices, Reuters reported.
Their remarks came as Republican candidates in some of the tightest election races in November called for the measure as a way to curb record fuel prices.
Diesel prices have shot to record highs in the US and Europe as wars in Iran and Ukraine sharply cut exports from some of the biggest producers such as Russia, Saudi Arabia and the United Arab Emirates.
"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 told reporters ahead of a meeting with Ukrainian President Volodymyr Zelenskiy, according to Reuters.
Speaking at the same meeting, Bessent said, "We are examining whether a full or partial ban would work".
Their remarks came as Republican candidates in some of the tightest election races in November called for the measure as a way to curb record fuel prices.
Diesel prices have shot to record highs in the US and Europe as wars in Iran and Ukraine sharply cut exports from some of the biggest producers such as Russia, Saudi Arabia and the United Arab Emirates.
"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 told reporters ahead of a meeting with Ukrainian President Volodymyr Zelenskiy, according to Reuters.
Speaking at the same meeting, Bessent said, "We are examining whether a full or partial ban would work".
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Tags:#الولايات المتحدة#الديزل#حظر الصادرات#أسعار الوقود#ترامب#السياسة الاقتصادية
Source: Middle East Eye
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