U.S. Mulls 90-Day Diesel Export Ban, Can India Fill the Global Supply Gap? | Explained
The United States is considering a 90-day ban on diesel exports as the Trump administration faces pressure to lower fuel prices ahead of the November midterm elections. The proposal has sparked divisions within the administration and strong pushback from the US fuel industry, which warns it could tighten supplies and raise prices later. India, meanwhile, has signalled no plans to restrict its own diesel exports. Oil Minister said the country honours its commitments and is better positioned due to stronger refining capacity.
#usa #india #diesel #fuel #trump #pmmodi #export #fuelcrisis
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

