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Trump Says He’s Pushed for Fuel Export Ban Amid Price Crunch
Source: Bloomberg
Energy Markets & PricesTrade Policy & Supply ChainGeopolitics & WarInflation
President Donald Trump said he has urged advisers to approve a ban on diesel exports as diesel prices surge amid disruptions and pressure related to the wars in Iran and Ukraine. An export ban could tighten global diesel availability, raise fuel and transportation costs abroad, and add to inflationary and geopolitical risks in energy markets.
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