Trump ‘very seriously’ considering diesel export ban as global supply crunch worsens

Vehicles drive on the 405 freeway (overpass) past a US flag displayed outside of the Marathon Petroleum Corp. Los Angeles Refinery in Carson, California on September 22, 2026.Patrick T. Fallon | Afp | Getty ImagesU.S. President Donald Trump has suggested the White House is still considering a diesel export ban as he faces mounting political pressure to tackle soaring fuel prices ahead of the midterm elections in November. "We're thinking about it very seriously," Trump told a Fox News reporter on Sunday, while attending the Presidents Cup golf tournament in Illinois. "That can oftentimes lead to a little bit of an increase on gasoline for cars, so we're looking at it very seriously. We may do it," he added. Trump has previously indicated support for an export ban as retail diesel prices have climbed to fresh record highs, saying earlier this month that a decision would be made quickly "one way or another" on whether to implement a ban. U.S. Energy Secretary Chris Wright has said the White House is considering restrictions rather than an outright ban, while Politico reported last week that the Trump administration was preparing a plan to ban diesel exports for 90 days. The idea of t...