Trump Says He’s ‘Very Seriously’ Looking at Diesel Export Ban

President Donald Trump said he is still looking "very seriously" at banning US diesel exports to address high domestic prices, signaling the proposal remains under active consideration despite his administration's focus on alternative measures.

The potential export ban would mark a significant intervention in energy markets, where the US has become a major diesel supplier to global buyers. Trump first floated the idea as part of his broader effort to lower fuel costs for American consumers and businesses. No timeline for a decision has been announced.

The statement comes as diesel prices remain elevated compared to pre-pandemic levels, though the administration has yet to specify what threshold would trigger the ban. Other officials within Trump's team continue exploring different approaches to ease price pressure, creating uncertainty about which policy path the White House will ultimately pursue.

An export ban would disrupt existing trade flows and potentially force international buyers to seek alternative suppliers, while domestic refiners could face margin compression from oversupplied markets.