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Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes. On Friday, the average ...

President Trump has said he is considering restricting overseas sales of the fuel to bring down domestic prices, but experts say the policy will have many unintended effects. By Ivan Penn and Peter ...

When voters are mad about a problem—particularly before an election—politicians usually try to solve it. Ideally, their proposed fix would be wise. But sometimes the solution that seems politically ...

The White House has ruled out a flat diesel export ban, despite Trump and Treasury Secretary Bessent previously signaling that restrictions were being examined. Diesel prices have surged above $6.50 ...

The White House on Wednesday denied a report that it is planning a 90-day ban on diesel exports as Americans struggle with high fuel prices. The report, from Politico, cites five people familiar with ...

This week, President Donald Trump indicated support for a diesel export ban. Shares of U.S. refiners fell after Politico reported that the Trump administration is preparing a plan to ban diesel ...

Some Republican lawmakers are calling for a ban on U.S. diesel exports as a way to lower record-high prices. But energy experts warn the move could backfire and drive diesel prices even higher by ...

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President Donald Trump said Tuesday that he would back a ban on U.S. diesel exports to help bring down prices. Analysts say such a move would have the exact opposite effect. “I’ve said, let’s not send ...

But industry trade group says plan would backfire and lead to even higher prices for gasoline Donald Trump on Tuesday said he backed ⁠the idea of a ban on diesel exports, which some US politicians are ...

President Donald Trump said Tuesday his administration would issue a decision “fast, one way or the other” on whether to ban diesel exports. Trump’s remarks at the U.N. in New York came as diesel ...