Andrew Burnham, a major industry figure, is reportedly urging President Donald Trump to oppose a proposed U.S. diesel export ban, according to a Financial Times report. Trump’s administration is considering the measure due to record-high diesel prices, but Treasury Secretary Scott Bessent stated the administration is still evaluating whether a full or partial ban is feasible. The policy, still under review, divides the administration, with some officials warning it could backfire by tightening fuel markets. Market pricing reflects this uncertainty, with the probability of a YES at 5.5% for October 1st.
Source: Read the original article
