Diesel at $6.50: Trump Urges Export Ban as Food Prices Rise

📡 Forbes Business 8h ago · 1 min read ·

Part of composite article Diesel Crisis Will Last Until 2027 as Wars in Iran and Ukraine Choke Global Fuel Supplies View full article →

Diesel prices have climbed above $6.50 per gallon. The record high threatens to raise costs for food and groceries. President Trump is calling for a ban on diesel exports in response. The move aims to keep more fuel at home and ease price pressure. Diesel powers trucks, trains, and farm equipment. Higher diesel costs can pass through to nearly everything consumers buy.