Economic TimesLean R·
US diesel futures fall on report of export ban plan; White House calls it fake news
US diesel futures fell significantly following reports of a potential 90-day export ban. President Donald Trump expressed his support for the ban to manage rising fuel prices. However, US Energy Secretary Chris Wright indicated that such a ban may not effectively resolve the price issues. Diesel prices have surged due to supply cuts from major exporters like Russia and Saudi Arabia.
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