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International Business Times UK
International Business Times UK
World
Crisnel Longino

Trump's Diesel Export Ban Could Backfire Spectacularly, Sending Petrol Prices Higher Before Midterm Elections

Trump’s proposed diesel export ban could raise petrol prices by cutting refinery output, creating a new fuel headache before the midterms (Credit: Screenshot/The White House)

Donald Trump's plan to restrict US diesel exports was supposed to offer relief at the pump. Instead, the proposal could create a fresh fuel headache by forcing American refineries to cut production, potentially pushing up petrol (gasoline) and jet fuel prices just weeks before the November midterm elections.

The warning has come from within Trump's own administration, with Energy Secretary Chris Wright saying a blanket export ban would not work and could put upward pressure on other fuels.

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