Trump Drops Diesel Export Ban After G7 Fuel Release

Trump Drops Diesel Export Ban After G7 Fuel Release

President Donald Trump said the US will not ban diesel exports after G7 nations and partners agreed to release up to 100 million barrels of emergency oil and diesel stocks. The decision follows pressure from the Trump administration and a record surge in diesel prices, which reached $6.37 per gallon. Trump had earlier considered export curbs sought by rural Republicans.

Source: Moneycontrol

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