Story perspectives

Trump pushes diesel export halt; Bessent reviews limits

By Drooid · Sep 25, 2026, 10:08 PM UTC · How we work

Summary

Story summary

President Donald Trump urged his administration to halt diesel exports to lower fuel prices.
Energy Secretary Chris Wright said a diesel export ban would fail.
Treasury Secretary Scott Bessent is reviewing partial diesel export restrictions.
White House spokesperson called 90-day diesel export ban reports “fake news.”
U.S. diesel price hit a record $6.50 per gallon, $2.80 above last year.

History

Historical Context

The 1973 OAPEC oil embargo, launched after the United States resupplied Israel during the Yom Kippur War, cut shipments to the U.S. and drove world oil prices from $3 to nearly $12 per barrel—a rise of about 300%. With U.S. crude imports at 6.2 million barrels daily, gasoline rationing and long lines followed, shaping today’s diesel-export debate.

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Story summary

President Donald Trump urged his administration to halt diesel exports to lower fuel prices.
Energy Secretary Chris Wright said a diesel export ban would fail.
Treasury Secretary Scott Bessent is reviewing partial diesel export restrictions.
White House spokesperson called 90-day diesel export ban reports “fake news.”
U.S. diesel price hit a record $6.50 per gallon, $2.80 above last year.

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