Overview
- Leaked reporting says the White House has held 'emergency' talks about limiting diesel exports and the administration has not made a final decision.
- President Trump told reporters he is "thinking about" a ban but warned it could raise gasoline prices and has not ruled it out.
- Energy Secretary Chris Wright said diesel prices have eased recently, called supplies "tight," and predicted further price declines in the coming days and weeks.
- U.S. refiners and industry groups warned a blanket export ban would quickly fill Gulf Coast storage, force refiners to cut crude runs, and push up gasoline and jet fuel prices.
- Supply strains stem from disruptions tied to the Iran and Ukraine conflicts and reduced refining output, and policymakers are weighing alternatives such as strategic releases or targeted measures while political pressure grows ahead of the midterms.