
AI-generated summary
The idea of banning US diesel exports comes after President Donald Trump spoke in favor of such measures, raising concerns among fuel producers over potential financial losses and supply disruptions.
The idea of banning the export of diesel fuel from the United States caused panic among American oil companies.
Energy Secretary Chris Wright announced a plan to make restrictions voluntary for American fuel producers.
More than 30 oil industry organizations wrote a letter to Trump, urging him to abandon export restrictions.
MOSCOW, September 24 - RIA Novosti. The idea of banning the export of diesel fuel from the United States has caused panic among American oil companies, the Wall Street Journal writes, citing sources.
According to the publication, after US President Donald Trump spoke in favor of banning the export of diesel fuel, the heads of such large companies as Chevron and ExxonMobil began to contact US administration officials in order to stop the implementation of this idea.
“After top executives of American oil companies conveyed their fears to Trump administration officials, Energy Secretary Chris Wright called the CEOs of a number of American firms and said he was in favor of a measure that would not include an export ban,” the newspaper writes.
As the newspaper notes, speaking publicly on Wednesday, the head of the US Department of Energy announced a plan to make restrictions voluntary for American fuel producers. He promised to provide details of the plan later.
On Wednesday, more than 30 oil industry organizations, including API, AFPM and the Business Roundtable, wrote a letter to Trump urging him to abandon the export restrictions. As the newspaper notes, US oil companies fear losing billions of dollars due to a possible ban, which, in their opinion, could disrupt existing fuel production chains.
The US Department of Energy said in a comment to the newspaper that the final choice of solution to the situation with fuel prices remains with Trump.
AI outlook — possibilities, not facts
Energy Minister Chris Wright will provide details of the plan for voluntary restrictions on diesel exports soon
Likely · Within days
President Trump will make a final decision on a ban or voluntary restrictions on diesel exports after receiving advice from the administration and industry
Possible · Within weeks

Ukraine's losses due to the downtime of the ports of Greater Odessa reached almost $4.5 billion in foreign exchange earnings, TASS reports. The downtime lasts more than two months. Commercial ships stopped calling at the ports of Odessa, Izmail and Yuzhny on July 22, which led to the loss of about 70-80% of agricultural exports and about 50% of steel exports. The data does not include supplies of military cargo for the Ukrainian Armed Forces.

The United States and China agreed to extend the Busan Trade Agreement until January 10, reducing tariffs on Chinese goods from 57% to 47% and ensuring the continued supply of rare earth metals and purchases of American agricultural products.

In August, the difference between the highest and lowest average pensions in Russian regions was about 23 thousand rubles. The highest average pension was recorded in the Chukotka Autonomous Okrug - 42,273 rubles, the lowest - in Dagestan - 18,932 rubles.

Following the meeting between Trump and Xi Jinping in Busan, the United States cut tariffs on Chinese goods from 57% to 47% and is ready to either extend the agreement for a year or move to a larger trade deal with China, Treasury Secretary Scott Bessent said.

US Treasury Secretary Scott Bessent announced that Washington and Beijing have agreed to extend trade tension easing arrangements, originally established in Busan last October, through January 10 next year, including partial tariff reductions and suspension of reciprocal tariffs.

Core U.S. inflation fell to 2.4%, the lowest in five years, despite oil supply problems due to conflict in the Middle East. Treasury Secretary Scott Bessent said oil prices would fall due to increased supply.