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Trump Weighs 90-Day Diesel Export Ban Over Soaring Prices

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Story summary
  • U.S. President Donald Trump is weighing a 90-day ban on U.S. diesel exports.
  • U.S. diesel prices have risen from $3.74 to $6.52 per gallon.
  • EU diesel imports from the United States increased by 1.5 million barrels per day in August.
  • Energy experts say the ban would damage U.S. credibility as a reliable exporter.
  • Austrian Industry Minister Wolfgang Hattmannsdorfer urged Europe to cut reliance on U.S. diesel.