White House Weighs 90-Day Diesel Ban as Industry Warns of Price Spike
The Trump administration is preparing a potential 90-day ban on U.S. diesel exports to lower record-high fuel prices ahead of the November midterms. While President Trump has signaled support, Energy Secretary Chris Wright and industry leaders warn that such a move would backfire by forcing refiners to cut production, ultimately raising gasoline and jet fuel costs. The decision remains unresolved, with internal White House divisions and market volatility reflecting the tension between political pressure and economic reality.