S&P 5007,743.41▲0.5% Nasdaq27,068.72▲0.5% Dow51,828.62▲0.9% Russell 2K2,837.55▲0.1% 10-Yr5.18%+2bp VIX14.87−0.80 WTI$92.44▼2.3% Gold$4,320.50▲0.5% EUR/USD1.139▲0.1% BTC$83,536▼1.1% Nikkei65,514▲0.8%
At close · Sat, Sep 26, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›Trade & Tariffs›Diesel export ban under consideration as supply crunch…

Diesel export ban under consideration as supply crunch worsens

Analysts say an export ban could lift global diesel prices and, through refinery adjustments, raise U.S. gasoline prices.

Reported · Written up by our desk · Trade & Tariffs

CNBC reports that Donald Trump is “very seriously” considering a diesel export ban amid worsening global supply tightness.

According to analysts cited by CNBC Markets and CNBC World, such a move could backfire by increasing global diesel prices.

The analysts also warn that higher diesel costs could flow through to U.S. gasoline prices as refiners adjust their supply and production.

Latest closeGasoline (RBOB) $3.197 ▼10.3%

← Newer storyBitget restarts phased crypto withdrawals after $388 million exploit

More like this

Global MarketsTech executives to meet Trump on Tuesday amid AI safety debate
Global MarketsNYC Council subpoenas Elon Musk or SpaceXAI representative in AI safety probe
Global MarketsTrump says Iran war will end soon, gas prices will drop
Global MarketsUS set to grant one-month Iran sanctions waiver for Najaf pilgrim flights
Global MarketsU.S. and China agree to $60 billion in tariff cuts

Sources

CNBC MarketsTrump ‘very seriously’ considering diesel export ban as global supply crunch worsens
CNBC WorldTrump ‘very seriously’ considering diesel export ban as global supply crunch worsens

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.