Trump’s Diesel Move: US Weighs Export Restrictions Amid Global Fuel Crisis

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Global diesel markets are under pressure amid disruptions linked to the Iran conflict and reduced Russian fuel exports. US President Donald Trump has backed the idea of restricting diesel exports from the United States as fuel prices hit record levels. However, the White House has said that a blanket export ban is not currently being planned, while US officials are examining options to increase domestic diesel supplies. Russia has also extended its diesel export restrictions through October, adding to pressure on global fuel markets.

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