Monday, November 9, 2026Moscow
Economy

US authorities allowed the introduction of a ban on the export of diesel

The U.S. government is considering a full or partial ban on diesel exports. This was stated by US Treasury Secretary Scott Bessent.

Published

The U.S. government is considering a full or partial ban on diesel exports. This was stated by US Treasury Secretary Scott Bessent.

“We are studying how feasible this is from the point of view of general oil refining capacities and whether a full or partial ban will work,” Bessent said at a meeting between President Donald Trump and Ukrainian President Volodymyr Zelensky.

According to Mr. Trump, a final decision will be made soon. As CNBC notes, the introduction of restrictions the White house is calling for Republican lawmakers, seeking to protect farmers and truckers from record spending ahead of the November midterm elections.

According to the American Automobile Association (AAA), the average price of diesel in the United States soared to $6.53 per gallon, almost $3 higher than last year. Earlier, Donald Trump called the conflict between Russia and Ukraine the reason for the rise in diesel prices.

Source: Коммерсантъ ↗

Share

More on This Story

EconomyThe Ministry of Finance from October 7 will increase the purchase of currency and gold five times

The Ministry of Finance of Russia from October 7 to November 6 intends to buy foreign currency and gold under the budget rule for 279.42 billion rubles. This is five times more than the volume planned a month earlier (55.6 billion rubles).

Коммерсантъ
EconomyThe FT learned how the growing debt burden prevents China from stimulating the economy

China’s debt service will cost 19.2 percent of total government this year, according to a study by the Conference Board

Григорий Лебедев
The head of JPMorgan said that the Russian army could reach Paris if desired
EconomyThe head of JPMorgan said that the Russian army could reach Paris if desired

Dimon said that EU countries cannot afford full-fledged armies and the Russian Armed Forces could reach Paris if desired. The US should support the EU and make more deals with it to avoid fragmentation

Григорий Лебедев
The EIA Briefing

Keep reading, every morning.

The stories that matter, chosen by our editors and in your inbox before 7 a.m. — every weekday.

No spam. Unsubscribe anytime.