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Trump Urges Allies to Release Diesel Reserves Amid $6.28 Prices

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Story summary
  • President Donald Trump urged allies to release emergency diesel reserves and expand tax-exempt red-dyed diesel.
  • Average U.S. diesel hit $6.28 per gallon, about 70% higher since the U.S.–Israeli war on Iran began.
  • High diesel costs strain Republican farmers, truckers and rural voters ahead of the Nov 3 midterm elections.
  • Treasury guidance permits drivers to use red-dyed diesel without federal tax, though retailers remain cautious.