Trump Backs Off Diesel Export Ban as G7 Releases Reserves
By Newsmax Wires | Friday, 02 October 2026 04:18 PM EDT
President Donald Trump said Friday the U.S. won't impose a diesel export ban after Group of 7 nations agreed to coordinate the release of 100 million barrels of oil and fuel products from emergency reserves in an effort to ease surging energy prices.
"We're not going to be doing the export ban," Trump said, according to Reuters.
The announcement followed a virtual G7 meeting convened as the U.S. pressured European allies to release emergency diesel supplies amid a global fuel crunch.
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READ MORE: https://www.newsmax.com/politics/trump-diesel-ban/2026/10/02/id/1271530/
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