Veytics Intelligence
2026-09-28 · CNBC

Trump ‘very seriously’ considering diesel export ban as global supply crunch worsens

U.S. President Donald Trump has suggested the White House is still considering a diesel export ban as he faces mounting political pressure to tackle soaring fuel prices ahead of the midterm elections in November . "We're thinking about it very seriously," Trump told a Fox News reporter on Sunday, while attending the Presidents Cup golf tournament in Illinois. "That can oftentimes lead to a little bit of an increase on gasoline for cars, so we're looking at it very seriously. We may do it," he added. Trump has previously indicated support for an export ban as retail diesel prices have climbed to fresh record highs, saying earlier this month that a decision would be made quickly " one way or another " on whether to implement a ban. U.S.

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