ReportedShipping, energy & marketsUnited States
Trump threatens a ban on U.S. diesel exports
- Mountain Time
- Local time
- 3:29 PM UTC
- Where
- United States
Donald Trump is threatening to ban U.S. diesel exports in an effort to curb domestic fuel costs, the Guardian reported. The report said the UK was in talks with U.S. counterparts to oppose the plan and France had called it catastrophic.
Why it matters
A U.S. export ban would restrict diesel available to European buyers at a time of record fuel prices, forcing importers to seek replacement cargoes.
Source
- The Guardiantheguardian.comPublished
Confidence: Published by a named news organization. Not yet independently confirmed. About confidence labels