Skip to main content
NVDA-0.69%AAPL+0.50%GOOGL+1.34%MSFT+2.72%AMZN-0.62%TSM+0.60%SPCX-2.25%AVGO+2.77%TSLA-0.63%META+0.54%LLY+0.50%SKHY+13.30%BRK-B-0.49%MU-2.54%WMT-0.46%AMD+3.24%JPM+1.05%XOM+1.17%V-0.31%JNJ+0.86%ASMLa+1.33%MA+0.08%ABBV-0.14%INTC+1.91%1398.HK+2.14%CVX+0.46%0700.HK-1.83%ORCL+10.58%COST-0.95%CSCO-0.98%KO+0.60%PG-0.61%UNH-0.80%1816.HK-25.98%BAC+0.34%3988.HK+1.37%AMAT+5.07%AP2d+4.38%CAT+0.01%0857.HK+3.02%LRCX+5.39%HD-0.30%PM+0.01%0939.HK+2.27%DELL-1.64%GE+1.17%1288.HK+1.37%0005.HK+0.19%MS+1.81%HSBA.L+0.09%AUDNZD+1.67%NZDCAD-1.61%NZDUSD-1.52%GBPNZD+1.06%NZDCHF-1.01%EURNZD+0.90%NZDJPY-0.89%AUDJPY+0.78%CADJPY+0.75%EURAUD-0.74%EURCAD-0.69%AUDCHF+0.66%USDJPY+0.65%EURUSD-0.62%GBPAUD-0.61%CADCHF+0.60%GBPCAD-0.58%USDCHF+0.51%GBPUSD-0.48%GBPTRY+0.41%USDMXN+0.33%GBPHKD+0.32%GBPMXN-0.28%USDTRY+0.27%NZDSGD-0.23%USDZAR+0.23%EURCNH-0.23%EURSGD-0.21%USDPLN+0.19%EURHKD-0.18%USDDKK+0.18%CHFSGD-0.18%GBPSGD-0.17%PLNJPY-0.16%AUDSGD-0.16%USDILS+0.16%USDSEK+0.16%GBPJPY+0.16%CHFJPY+0.15%AUDUSD+0.13%USDCNH-0.13%EURGBP-0.13%EURCHF-0.12%NZDMXN+0.11%USDNOK+0.11%GBPZAR+0.08%NOKJPY-0.08%EURNOK-0.07%USDCAD-0.07%EURCZK+0.07%SGDJPY+0.05%USDHKD+0.05%EURZAR+0.05%AUDDKK+0.04%EURJPY+0.04%USDCOP-0.04%AUDCAD+0.04%CHFNOK-0.04%USDTHB-0.03%EURSEK-0.03%USDSGD-0.03%AUDNOK-0.02%GBPCHF+0.02%EURPLN+0.01%CHFSEK+0.01%EURDKK0.00%XAGUSD-2.36%GAGUSD-2.36%XPTUSD-1.82%GAUUSD-1.00%XAUUSD-1.00%USOIL-0.67%XNGUSD+0.62%HG1-0.57%UKOIL-0.49%C1+0.39%S1-0.35%COTTON-0.32%BTCUSD-0.77%ETHUSD+22.55%USDTUSD0.00%XRPUSD+12.79%SOLUSD+16.94%TRXUSDT+0.10%ZECUSDT-4.26%DOGEUSD+18.62%XMRUSDT-2.47%LINKUSD+23.58%BCHUSDT-5.14%XLMUSD-0.88%UNIUSD-0.07%LTCUSD+16.21%SUIUSD-1.68%HBARUSDT-2.38%TONUSD+39.55%TAOUSDT-2.29%AAVEUSD-1.86%DOTUSDT-1.70%ICPUSDT-1.28%ONDOUSDT-2.54%WLDUSDT-5.35%ARBUSDT-0.55%JUPUSDT-3.60%ATOMUSDT-1.24%INJUSDT-3.75%STXUSDT-5.99%TIAUSDT-2.11%FETUSDT-1.42%PYTHUSDT-2.74%SEIUSDT-0.79%IMXUSDT-2.14%GRTUSDT-3.99%OPUSDT-2.08%WIFUSDT-0.28%IOTAUSDT-5.96%POLUSDT-1.63%AXSUSDT-3.78%EOSUSDT-0.55%FARTCOINUSDT-2.84%DYDXUSDT-1.32%GALAUSDT-0.96%ORDIUSDT-2.79%RONINUSDT-4.54%NOTUSDT-2.42%NVDA-0.69%AAPL+0.50%GOOGL+1.34%MSFT+2.72%AMZN-0.62%TSM+0.60%SPCX-2.25%AVGO+2.77%TSLA-0.63%META+0.54%LLY+0.50%SKHY+13.30%BRK-B-0.49%MU-2.54%WMT-0.46%AMD+3.24%JPM+1.05%XOM+1.17%V-0.31%JNJ+0.86%ASMLa+1.33%MA+0.08%ABBV-0.14%INTC+1.91%1398.HK+2.14%CVX+0.46%0700.HK-1.83%ORCL+10.58%COST-0.95%CSCO-0.98%KO+0.60%PG-0.61%UNH-0.80%1816.HK-25.98%BAC+0.34%3988.HK+1.37%AMAT+5.07%AP2d+4.38%CAT+0.01%0857.HK+3.02%LRCX+5.39%HD-0.30%PM+0.01%0939.HK+2.27%DELL-1.64%GE+1.17%1288.HK+1.37%0005.HK+0.19%MS+1.81%HSBA.L+0.09%AUDNZD+1.67%NZDCAD-1.61%NZDUSD-1.52%GBPNZD+1.06%NZDCHF-1.01%EURNZD+0.90%NZDJPY-0.89%AUDJPY+0.78%CADJPY+0.75%EURAUD-0.74%EURCAD-0.69%AUDCHF+0.66%USDJPY+0.65%EURUSD-0.62%GBPAUD-0.61%CADCHF+0.60%GBPCAD-0.58%USDCHF+0.51%GBPUSD-0.48%GBPTRY+0.41%USDMXN+0.33%GBPHKD+0.32%GBPMXN-0.28%USDTRY+0.27%NZDSGD-0.23%USDZAR+0.23%EURCNH-0.23%EURSGD-0.21%USDPLN+0.19%EURHKD-0.18%USDDKK+0.18%CHFSGD-0.18%GBPSGD-0.17%PLNJPY-0.16%AUDSGD-0.16%USDILS+0.16%USDSEK+0.16%GBPJPY+0.16%CHFJPY+0.15%AUDUSD+0.13%USDCNH-0.13%EURGBP-0.13%EURCHF-0.12%NZDMXN+0.11%USDNOK+0.11%GBPZAR+0.08%NOKJPY-0.08%EURNOK-0.07%USDCAD-0.07%EURCZK+0.07%SGDJPY+0.05%USDHKD+0.05%EURZAR+0.05%AUDDKK+0.04%EURJPY+0.04%USDCOP-0.04%AUDCAD+0.04%CHFNOK-0.04%USDTHB-0.03%EURSEK-0.03%USDSGD-0.03%AUDNOK-0.02%GBPCHF+0.02%EURPLN+0.01%CHFSEK+0.01%EURDKK0.00%XAGUSD-2.36%GAGUSD-2.36%XPTUSD-1.82%GAUUSD-1.00%XAUUSD-1.00%USOIL-0.67%XNGUSD+0.62%HG1-0.57%UKOIL-0.49%C1+0.39%S1-0.35%COTTON-0.32%BTCUSD-0.77%ETHUSD+22.55%USDTUSD0.00%XRPUSD+12.79%SOLUSD+16.94%TRXUSDT+0.10%ZECUSDT-4.26%DOGEUSD+18.62%XMRUSDT-2.47%LINKUSD+23.58%BCHUSDT-5.14%XLMUSD-0.88%UNIUSD-0.07%LTCUSD+16.21%SUIUSD-1.68%HBARUSDT-2.38%TONUSD+39.55%TAOUSDT-2.29%AAVEUSD-1.86%DOTUSDT-1.70%ICPUSDT-1.28%ONDOUSDT-2.54%WLDUSDT-5.35%ARBUSDT-0.55%JUPUSDT-3.60%ATOMUSDT-1.24%INJUSDT-3.75%STXUSDT-5.99%TIAUSDT-2.11%FETUSDT-1.42%PYTHUSDT-2.74%SEIUSDT-0.79%IMXUSDT-2.14%GRTUSDT-3.99%OPUSDT-2.08%WIFUSDT-0.28%IOTAUSDT-5.96%POLUSDT-1.63%AXSUSDT-3.78%EOSUSDT-0.55%FARTCOINUSDT-2.84%DYDXUSDT-1.32%GALAUSDT-0.96%ORDIUSDT-2.79%RONINUSDT-4.54%NOTUSDT-2.42%

Trump weighs possible U.S. diesel export ban

NEWS

September 27, 2026 at 23:12 UTC

2 min read
Diesel fuel storage tanks at an oil refinery amid debate over a possible U.S. diesel export ban

Key Points

  • 01Trump says he is looking "very seriously" at a U.S. diesel export ban
  • 02The potential ban is being considered in response to record diesel prices
  • 03U.S. retail diesel prices are averaging about US$6.50 per gallon
  • 04Trump notes a diesel export ban could raise gasoline prices for cars

Trump signals possible diesel export ban

On September 27, 2026, President Donald Trump said he is considering a ban on U.S. diesel exports in response to high domestic fuel costs. He described the option as something he is looking at "very seriously" and added that "we may do it," indicating that the measure remains under active review.

The remarks came as U.S. retail diesel prices have reached record levels, with the national average reported at about US$6.50 per gallon. The spike in prices has intensified attention on potential government actions aimed at easing the burden on consumers and businesses that rely on diesel.

Link between diesel exports and gasoline prices

Trump acknowledged that restricting diesel exports could have side effects for other fuel markets. He noted that such a policy "can oftentimes lead to a little bit of an increase on gasoline for cars," highlighting a trade-off between easing diesel prices and the risk of higher gasoline costs.

This recognition underscores the complexity of potential interventions in refined fuel markets. Any move to alter diesel export flows would need to weigh the intended relief for diesel users against the possibility of broader price impacts on drivers.

Policy still under consideration

The president’s comments framed a diesel export ban as one option among several steps under discussion within the administration. While he emphasized that the measure is being examined closely, he did not announce a final decision or provide a timeline for when a decision might be made.

Other officials are described as continuing to evaluate additional measures to address fuel prices, indicating that the policy response remains fluid. For now, the possibility of a diesel export ban signals that more direct intervention in the fuel market is on the table, even as details and outcomes remain uncertain.

Key Takeaways

  • 01The administration is actively assessing a diesel export ban but has not yet committed to implementing it.
  • 02Record-high diesel prices near US$6.50 per gallon are a key driver of the policy debate.
  • 03Any move to curb diesel exports could shift price pressures rather than eliminate them, given potential effects on gasoline.
  • 04Fuel market intervention is being weighed alongside other options, suggesting a multi-track approach to tackling high prices.

Trump weighs possible U.S. diesel export ban | Trading Dashboard