BREAKING: 🇺🇸 Trump backs a possible ban on US diesel exports as diesel prices hit record highs. The US is the world’s largest diesel exporter, with exports averaging about 1.4 million barrels per day above domestic demand, according to S&P Global. Trump says the goal is to keep more diesel at home and bring down prices. US diesel has climbed above $6.50 per gallon amid global supply disruptions linked to the Iran and Ukraine wars. But the proposal is still under review. Treasury Secretary Scott Bessent says the administration is examining whether a full or partial ban would actually work. Energy industry groups warn that restricting exports could hurt US refinery operations, reduce fuel production and potentially push gasoline and global diesel prices higher. Source: Reuters, EIA, S&P Global https://x.com/RapidResponse47/status/2102457211024970067/video/1