President Trump Weighs 90-Day Diesel Export Ban; Energy Secretary Wright Warns of Negative Impacts

President Trump is reportedly considering a 90-day ban on diesel exports to address rising fuel costs, which have more than doubled over the past nine months. Energy Secretary Chris Wright has publicly opposed the measure, arguing that such a restriction would force refineries to cut production, potentially driving up prices for gasoline and jet fuel. While Politico reported on the potential ban, a White House spokesperson denied the claim, labeling it fake news. Diesel futures dropped approximately 7% following the reports.