CNBC Daily Open: 'Red' diesel to hit U.S. highways

US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Monday, Oct. 5, 2026. Samuel Corum | Bloomberg | Getty ImagesHello, this is Leonie Kidd coming to you from London. Welcome to another edition of CNBC's Daily Open.The price at the pump is a point of pain. And with the midterm elections less than a month away, President Trump has turned to executive orders to try and ease the pressure on American consumers. Read on for more.What you need to know todayU.S. President Donald Trump has signed an executive order allowing so-called "red diesel" to be used more widely, in a bid to ease price pressure at the pump. Speaking during a rally in Nebraska, Trump said the fuel — normally reserved for off-road agricultural and construction use — could be used more widely on American public roads and highways. He claimed this would cut costs "substantially."On Truth Social, he argued that fuel costs were not being driven up by supply disruption in the Strait of Hormuz, and once again blamed Ukraine and attacks on Russian refineries. Trump offers Russia helpTrump has offered to help Russia following the de...