The Financial News

The Financial News

Trump’s BIG Diesel Move: U.S. Administration Plans To Stop Diesel Exports | Details


President Donald Trump is pushing to keep more American diesel at home as prices soar to a record average of $6.53 a gallon — up more than 75% from a year ago. The surge stems from global supply disruptions linked to the wars in Iran and Ukraine. Trump has said “let’s not send out the diesel,” noting the US produces large volumes. Treasury Secretary Scott Bessent confirmed the administration is examining the feasibility of a full or partial export ban but has not yet decided.

#trump #usa #diesel #iranwar #fuelcrisis #oilprices #russia #russiaukrainewar

Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.

Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx3pdg

Now make Mint your preferred source on Google and get business & finance updates first.
Add here – https://www.google.com/preferences/source?q=mint

Subscribe to Mint Premium Now: https://www.read.ht/Scaq

Subscribe to Mint’s WhatsApp Channel: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | The Financial Times