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The Economic Times

National

Trump backs the idea of a ban on diesel exports to curb the soaring energy costs

Donald Trump Volodymyr Zelenksyy United States Russia Ukraine Iran

UNITED NATIONS: President Donald Trump on Tuesday said he backed the idea of a ban on diesel exports, which some US politicians are calling for as a way to curb the soaring cost of energy.

Diesel prices have rallied in Europe and the US to record highs as wars in Iran and Ukraine sharply cut exports from some of the biggest producers such as Russia, Saudi Arabia and the United Arab Emirates.

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