Drivers Could Pay More for Gasoline if Trump Bans Diesel Exports, Morgan Stanley Says

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Morgan Stanley warned that a US ban on diesel exports could push gasoline prices higher for American drivers. The bank expects domestic storage to fill within weeks, forcing refiners to scale back output. Goldman Sachs issued a similar warning on Wednesday. President Donald Trump is weighing export curbs to tame record diesel prices. These measures could directly impact consumers at the pump.

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