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Tue, Oct

Trump Pushing for Diesel Export Ban Amid Surging Fuel Prices

Trump Pushing for Diesel Export Ban Amid Surging Fuel Prices

World Maritime
Trump Pushing for Diesel Export Ban Amid Surging Fuel Prices

By Josh Wingrove and Jennifer A. Dlouhy (Bloomberg) — 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.

“I’ve said ‘let’s not send out the diesel,’” Trump said when asked about growing calls from Republican lawmakers to suspend exports. “I’ve called

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