
Trump Eyes Diesel Export Ban as Pump Price Hits $6.53
White House studying full or partial embargo under emergency law. Refiners warn the move could cut runs and tighten supply later.
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White House studying full or partial embargo under emergency law. Refiners warn the move could cut runs and tighten supply later.

Bloomberg estimates show the Iran conflict has removed more diesel from global markets than the Russia-Ukraine war, driving pump prices to record highs.

The refinery markup on diesel just hit an all-time high of $102 per barrel, four to six times normal. What the record spread means for your fuel bill in Q4.