October 3, 2026 5:40 PM

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Trump rules out US diesel export ban

US President Donald Trump dismissed the prospect of implementing a restriction on US diesel shipments following commitments from European nations to expand fuel availability within the market, asserting that the supplementary volume would assist in lowering energy costs.
 
 
Speaking to reporters at the White House, Mr. Trump noted that he had personally appealed to Europe to increase diesel provisions. Connecting the anticipated rise in supply to the ongoing situation involving Iran, the President expressed confidence that petroleum costs would decline once the conflict concluded.
 
 
When questioned subsequently regarding whether a ban on diesel outbound shipments was permanently averted as a result of the European action, Mr. Trump clarified that his administration had never planned such a measure.