Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says

The Trump administration is examining whether a diesel export ban is a feasible way to address record-high prices for the critical fuel, Treasury Secretary Scott Bessent said Tuesday. "We're examining whether it's feasible in terms of the overall refining capacity and whether a full or partial ban would work," Bessent said at a bilateral meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the United Nations. Trump said a decision would be made "fast one way or another" on whether to impose an export ban.