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How Trump’s diesel ban threat is making US exports more profitable
The brief
- Europe faces diesel shortages after Iran-war supply losses and attacks on Russian oil refineries
- Tighter global diesel supplies may lift fuel costs for Indian refiners and transport companies
- Oil Rises on Geopolitical Risks, Stockpile Decline
- India to continue diesel exports despite possible US ban amid tightening global fuel market
- Foreign secy Misri meets US lawmakers; Russia sanctions bill and India-US ties in focus
- Russia-Europe balancing act ahead for India as Modi lines up Dec visits
- US trade deal could shield India from 100% tariff under Russian sanctions law: Sources
US diesel export-ban threat
The Trump administration is weighing restrictions, including a possible 90-day ban, as US diesel prices climb; the national average reached $6.51 a gallon. India says it will continue exports, while European officials are pressing Washington to preserve diesel flows.
Monday, 28 September
Saturday, 26 September
- How Trump’s diesel ban threat is making US exports more profitable