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Trump supports diesel export ban as fuel prices hit records
Source: reuters.com
Energy Markets & PricesElections & Domestic PoliticsTrade Policy & Supply ChainConsumer Demand & Retail
President Donald Trump backed a potential ban on U.S. diesel exports in response to record fuel prices, aligning with calls from Republican candidates in closely contested November elections. An export ban could ease domestic diesel-price pressure but would disrupt refined-product trade flows and potentially tighten supply in overseas markets.
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