World & BusinessWhite House reportedly preparing a 90-day diesel export ban
Politico reports opposition from some GOP lawmakers and oil industry representatives. Bloomberg says Trump's push sent European diesel prices surging while U.S. futures came under pressure.
TLDR
Politico reported on September 23 that the White House was preparing a plan for a 90-day ban on U.S. diesel exports, with some GOP lawmakers and oil industry representatives still trying to stave off an announcement. The proposal was already moving markets: Bloomberg reported that Trump's push to ban exports sent European diesel prices surging, while U.S. futures came under pressure.
White House reportedly preparing a 90-day diesel export ban
Politico reports opposition from some GOP lawmakers and oil industry representatives. Bloomberg says Trump's push sent European diesel prices surging while U.S. futures came under pressure.