Story perspectives
Trump Drops Diesel Export Ban After Europe Releases Reserves
By Drooid · · How we work
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Story summary
- President Donald Trump ruled out a U.S. diesel export ban after European countries agreed to release fuel reserves.
- Chevron CEO Mike Wirth warned that a diesel export ban would be unwise.
- Trump signed an executive order expanding tax-exempt diesel use in the United States.
- Brent crude rose 2% to $102.55 a barrel amid Houthi attacks and Gulf Coast storm shutdowns.