Diesel prices have exceeded $6.50 per gallon in the United States. This has raised worries among both lawmakers and farmers. The Trump administration is contemplating a ban on diesel exports. Treasury Secretary Scott Bessent announced this consideration during a meeting with reporters. The meeting included President Donald Trump and Ukrainian President Volodymyr Zelensky.
Experts argue that such a ban might not alleviate high prices at the pump. They cite various factors influencing fuel costs that extend beyond export levels.
