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Trump considers diesel export ban: US oil industry protests
๐Ÿ“ˆ Business

Trump considers diesel export ban: US oil industry protests

The Trump administration is signaling a possible ban or restriction on diesel oil exports, prompting strong pushback from the US oil industry. Politicians are counting on lower energy prices before Congressional elections, but critics say a ban would cause supply problems and higher prices both domestically and abroad. The OECD estimates that the global economy is weathering the energy shock better than expected, partly because of AI investments.

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