The Hormuz Letter(@HormuzLetter):BREAKING: Trump calls for a total ban on US diesel exports, saying "Let's not send out the diesel. We make a lot of diesel," that a decision would come "fast," and that an announcement is expected "very soon." It would be the first US diesel export ban in history. Europe stands to be hit hardest, as the US is the world's largest diesel exporter and Europe its biggest customer, buying record volumes since the Gulf barrels stopped, making its worst-ever energy crisis worse. Russia, the second largest exporter, has already halted its own exports. US diesel is at a record $6.53 a gallon today and 16% of French stations are out of fuel.

2026.09.22 23:59

BREAKING: Trump calls for a total ban on US diesel exports, saying "Let's not send out the diesel. We make a lot of diesel," that a decision would come "fast," and that an announcement is expected "very soon." It would be the first US diesel export ban in history. Europe stands to be hit hardest, as the US is the world's largest diesel exporter and Europe its biggest customer, buying record volumes since the Gulf barrels stopped, making its worst-ever energy crisis worse. Russia, the second largest exporter, has already halted its own exports. US diesel is at a record $6.53 a gallon today and 16% of French stations are out of fuel.

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