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Trump rules out diesel export ban after Europe agrees to tap stockpiles

By Ilene
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President Donald Trump speaks to reporters as he prepares to board Marine One on the South Lawn of the White House on Oct. 2, 2026. | Francis Chung/POLITICO via AP Images

Trump rules out diesel export ban after Europe agrees to tap stockpiles

The president made the announcement hours after Europe caved to U.S. pressure and agreed to release from its stockpiles of the fuel.

By James Bikales, Politico
 

President Donald Trump said Friday he was ruling out a diesel export ban and never really considered one in the first place, hours after Europe caved to U.S. pressure and agreed to release fuel from its stockpiles.

The announcement appears to put to rest more than a week of frantic lobbying across two continents after surging fuel prices — caused by the ongoing war against Iran as well as Ukrainian attacks against Russian refineries — have angered farmers and put pressure on the Trump administration to act ahead of the November midterm elections.

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