Breaking
03:38 Massive Explosion Reported in South Lebanon as UNGA Talks Continue Β· 01:08 Iran Fires Missiles Into Hormuz as Pezeshkian Lands for UNGA Talks Β· 00:38 Explosions Reported Off Qeshm Island in Strait of Hormuz Β· 23:08 Trump Holds Three-Hour Meeting With Iranian Officials at UNGA Β· 21:09 Trump Confirms Three-Hour US-Iran Meeting at UNGA: "It Was a Good Meeting" Β· 21:08 Trump Confirms US-Iran Direct Talks in New York, Three Hours Β· 20:09 Denmark, Greenland, and US Sign Historic Arctic Security Deal Β· 14:08 Rubio Confirms US Open to Direct Iran Meeting at UNGA Β· 13:08 Iran Official: Hormuz Reopens in 7 Days If US Eases Military Pressure Β· 12:38 Iran Says Hormuz Can Reopen in One Week If US Lifts Naval Blockade Β·
Wed Β· 23 Sep 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

β›½ ENERGY POLICY β€” A diesel export ban punishes US allies before it pressures Tehran. πŸ“Œ LOOK CLOSER: A US diesel export ban during Hormuz disruption redirects scarce fuel inward β€” 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 β€” weakening Araghchi's incentive to rush a deal.

Read more