Energy: USA consider diesel export ban due to high fuel prices
Right in the middle of the election campaign, fuel prices in the USA continue to rise significantly. The US government is therefore examining a measure that is likely to make Europe sit up and take notice.
The US government is considering a ban on exporting diesel fuel due to rising prices, particularly for diesel. US President Donald Trump stated that a halt on exports could have a small impact on fuel prices in the US, and that he has long advocated for such a measure. The government is examining the feasibility of a full or partial export ban, which could have noticeable effects in Europe, as the US has been a key supplier of diesel to the region.
The consideration comes as diesel prices have reached a record high, and amid criticism that the Iran conflict is driving up fuel costs.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- USA: USA consider export ban on diesel due to high fuel prices handelsblatt.com
