White House official denies report of 90-day diesel export ban

By BORSA NewsroomPublished Sep 23, 2026, 12:59 PM EDTUpdated Sep 23, 2026, 1:00 PM EDT

The Trump administration is reportedly preparing a 90-day ban on diesel exports, according to Politico, as prices near $6.52/gallon. A White House official later denied the report, calling it 'fake news' and saying it is not accurate. Diesel futures fell as much as 7% on the report before recovering partially. Critics warn the ban could backfire by reducing refinery output and raising gasoline and jet fuel prices.

Sentimentbearish 30

Bearish · 30 of 100

Impact70

medium · sector-wide

Confidence70%

moderate confidence · 15 wires

Eventdeveloping

v15 · alerted to followers

How it developed22 wires · newest first

Mon to Wed

Wed 2:01 PMBREAKING: Trump is preparing a 90-day ban on diesel exports, according to Politico report.
Wed 2:00 PMWhite House on the Diesel ban: Earlier Politico report on the ban is not accurate.
Wed 1:57 PMBREAKING: White House official calls reports of a U.S. diesel export ban "fake news."
Wed 1:53 PMThe 🇺🇸 White House is reportedly preparing a plan to ban diesel exports for 90 days - Politico https://t.co/vfCMWtNXe3
Wed 1:47 PMBREAKING: White House preparing plan for 90-day diesel exports ban, per POLITICO
Wed 1:42 PMWHITE HOUSE OFFICIAL: REPORTS OF US CONSIDERING DIESEL EXPORT BAN ARE “FAKE NEWS”
Wed 1:42 PM🔴 White House Official: Report that US is considering a diesel export ban is 'fake news'.
Wed 1:41 PMWHITE HOUSE OFFICIAL: REPORTS OF US CONSIDERING DIESEL EXPORT BAN ARE “FAKE NEWS”
Wed 1:41 PMWhite House official denies diesel export ban report as 'fake news'neutral 50 · impact 70
Wed 1:14 PMBREAKING: President Trump is preparing a 90-day ban on US diesel exports in an effort to bring down record diesel prices, per Politico. Any halt to shipments would be the first such restriction since 2015, when President Obama lifted a long-time ban on oil exports. This comes as diesel prices have surged over +100% from their lows seen just nine months ago. Diesel futures are down -7% on the news.
Wed 1:08 PMTrump administration officials are reportedly preparing a plan for a 90-day ban on U.S. diesel exports, per Politico.
Wed 1:06 PMBREAKING: Trump administration reportedly preparing a plan to ban U.S. diesel exports for 90 days as prices hit record highs. 56% chance. https://t.co/rCrSzYJHSQ
Wed 1:05 PMDiesel cracks fall $12.70 on report of 90-day export banneutral 50 · impact 10
Wed 1:01 PMWHITE HOUSE PREPARES 90-DAY DIESEL EXPORT BAN The Trump administration is preparing a 90-day ban on U.S. diesel exports, according to Politico, as record fuel prices intensify pressure ahead of the midterms. Diesel averages $6.52 per gallon, up $2.83 from a year ago. The proposal faces strong internal and industry opposition, with critics warning it could eventually reduce refinery output and push gasoline and jet-fuel prices higher.
Wed 12:59 PMTrump administration preparing plan to ban diesel exports for 90 daysbearish 30 · impact 70 · this page
Tue 4:32 PMTreasury secretary: administration examining feasibility of diesel export banbearish 35 · impact 40
Tue 1:52 PMTreasury Secretary Bessent examining full or partial ban on diesel exportsneutral 50 · impact 40
Tue 1:52 PMBessent: administration examining diesel export ban feasibilityneutral 50 · impact 70
Tue 1:51 PMUS Treasury Secretary Bessent examining feasibility of diesel export banbearish 35 · impact 30
Tue 1:51 PMTRUMP BACKS CALL FOR BAN ON US DIESEL EXPORTS, SAYING ‘I’VE CALLED FOR THAT TOO’
Tue 1:51 PMTrump: he has called for diesel export banneutral 50 · impact 70
Mon 4:58 PMTop Republicans urge Trump to ban US diesel exports, FT reportsneutral 50 · impact 30 · first wire

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