Published Oct 1, 2026, 12:15 PM ET · Updated a month ago · 1 source

Trump unlikely to enact diesel export ban before election

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Original Report

Trump is unlikely to enact a diesel export ban before the election, despite potential short-term price decreases, due to severe long-term economic consequences and strong opposition from rich oil business figures and international allies like Japan and South Korea. His focus on immediate political gains and disregard for future problems, coupled with the US's role as a critical diesel refiner, makes such a move improbable.