Economy
Trump considers an export ban on diesel. If he really does it, Europe has a problem
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President Donald Trump supports restricting US diesel exports to lower record-high domestic prices ahead of midterm elections. This proposal faces opposition from energy ministers and the oil industry, which would lose significant revenue. An export ban would severely impact global markets, as the US supplies 1.5 million barrels daily to international trade. Europe, a net importer, would face higher costs, while US farmers and truckers hope increased domestic availability will reduce fuel expenses.
Ozetta summarises; the reporting is the newsroom's