Trump Says He’s Pushed for Fuel Export Ban Amid Price Crunch - Bloomberg.com

Trump Says He’s Pushed for Fuel Export Ban Amid Price Crunch - Bloomberg

Skip to content

Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support

Live TV

* Markets
* Finance
* Economics
* Industries
* Tech
* Politics
* Businessweek
* Opinion
* Video
* More

US Edition

Trump’s Second Term:

War in Iran

Trump’s UN Speech

Munition Shortages

Kennedy Center Renovation Plan

News Outlets Sue

Rubio’s Long Game

Politics

Trump Says He’s Pushed for Fuel Export Ban Amid Price Crunch

*President Donald Trump

Photographer: Chip Somodevilla/Getty Images*

Contact us: Provide news feedback or report an error

Confidential tip? Send a tip to our reporters

Site feedback: Take our Survey

By Josh Wingrove and Jennifer A Dlouhy

September 22, 2026 at 12:04 PM MDT

Updated on

September 22, 2026 at 3:47 PM MDT

President Donald Trump said he’s encouraged his advisers to support a ban on US diesel exports, with wars in Iran and Ukraine driving the fuel’s price to record levels.

The president’s comments on Tuesday nod to American voters’ cost-of-living concerns with November midterm elections just weeks away. Yet energy industry figures staunchly oppose possible export restrictions they say would provide only short-term price relief before ushering in even higher costs.

Before it's here, it's on the Bloomberg Terminal

HomeBTV+Market DataOpinionAudioOriginalsMagazineEvents

News

MarketsEconomicsTechnologyPoliticsGreenCryptoAI

Work & Life

WealthPursuitsBusinessweekCityLabSportsEqualityManagement & Work

Market Data

StocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic Calendar

Explore

NewslettersExplainersPointed News QuizAlphadots GameThe Big TakeGraphicsSubmit a TipAbout Us

Terms of ServiceTrademarksPrivacy Policy

CareersAdvertise

Ad Choices

Help©2026 Bloomberg L.P. All Rights Reserved.