Trump says rules out diesel export ban after European release

President Donald Trump announced on Friday that the United States will not impose a diesel export ban after G7 nations and European allies agreed to release emergency fuel stockpiles. Trump stated at the White House that a U.S. export ban was "not on the table" and confirmed the policy is off following international coordination.

The US administration had previously pressured European nations to release emergency diesel supplies and face potential export restrictions from the US, as rising fuel costs linked to ongoing supply disruptions pressured domestic prices ahead of the U.S. midterm elections.