️🇺🇸Politics: The Trump administration is preparing a plan to temporarily ban US diesel exports for 90 days as it seeks to lower energy prices.
The proposal has sparked controversy within the administration and the oil industry, with industry representatives warning that restricting exports could provide short-term relief while contributing to further fuel price increases.
The discussions come as diesel prices have risen sharply amid the Iran war and attacks on Russian refineries. AAA data cited in the report put the national average at $6.52 a liter on Wednesday, up 91 cents from a month earlier.