The Conversation: Trump speculates on diesel fuel export ban as high prices ripple across US economy
Diesel prices hit record highs in 2026 amid supply disruptions from the U.S.-Iran conflict and Russia-Ukraine war, straining trucking, farming, food costs and public transit nationwide. Russia’s export suspension and proposed U.S. export bans could reshape prices further, though experts warn benefits may be uneven, shifting costs between regions and risking reduced refinery output.
