Breaking
11:15 Houthi Missiles Hit Two Saudi Airports Including Riyadh, Killing Three · 10:25 Houthis Launch Ballistic Missile Strike on Riyadh Airport · 05:26 Houthis Launch Ballistic Missile Strike on Riyadh Airport · 03:45 CBS Footage Shows Iran "Completely Destroyed" US Base in Kuwait Early in War · 02:55 Pentagon Orders CENTCOM to Prepare Large-Scale Iran Strike Before Midterms · 22:45 US Lost Up to 12 F-15Es Against Iran, Congressional Report Finds · 21:07 FlyDubai Co-Pilot Planned Israel Attack on Earlier Flight, Investigation Finds · 21:06 Houthis Kill Three Civilians in Strikes on Saudi Arabia's Abha and King Khalid Airports · 02:45 Venezuela's Second-Largest Oil Refinery Explodes, Halts Operations · 21:45 Former German Intelligence Chief Arrested for Treasonous Espionage ·
Thu · 08 Oct 2026

Trump Backs Diesel Export Ban as Domestic Fuel Prices Hit Record Highs

Share
Trump Backs Diesel Export Ban as Domestic Fuel Prices Hit Record Highs

⛽ ENERGY POLICY — A diesel export ban punishes US allies before it pressures Tehran. 📌 LOOK CLOSER: A US diesel export ban during Hormuz disruption redirects scarce fuel inward — but Europe and Latin America are the marginal buyers losing supply. EU refiners, already stretched by Russian energy cuts, face a new shock with no alternative. For Tehran, Washington absorbing energy pain domestically signals politics now drives US strategy more than leverage — weakening Araghchi's incentive to rush a deal.

Read more