JUST IN: 🇺🇸 US weighs 90-day pause on diesel exports.
The Trump administration is exploring a temporary 90-day halt on U.S. diesel exports as fuel prices climb, with diesel averaging about $6.52 per gallon across the country.
The proposal intends to retain more diesel domestically, aiming to relieve pump prices in the short term.
But pushback is mounting. Several officials and oil industry executives caution that the ban might oversaturate the domestic market, prompting refiners to cut production—potentially triggering even higher fuel prices.
Energy Secretary Chris Wright has spoken out against a complete export ban, warning it could backfire and further inflate costs.
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