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2026-09-23T16:47:42.000Z

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Morgan Stanley Warns Diesel Ban May Boost Gas Prices

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9 Hrs2026-09-24T07:20:21.897Z
Morgan Stanley Warns Diesel Ban May Boost Gas Prices

Trump's speech tests power and dealmaking

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20 Hrs2026-09-23T20:32:00.000Z
Trump's speech tests power and dealmaking

UAE Central Bank Targets Iran Bank Branches

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22 Hrs2026-09-23T18:24:00.000Z
UAE Central Bank Targets Iran Bank Branches

Mosques from Buraidah to Riyadh Space

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23 Hrs2026-09-23T17:32:50.527Z
Mosques from Buraidah to Riyadh Space

Expert: US Faces Major Loss in Trade War

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23 Hrs2026-09-23T17:02:13.000Z
Expert: US Faces Major Loss in Trade War
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European diesel prices rise on Trump export ban hints

Diesel prices in Europe have increased by up to 7%, reaching $1,528 per ton, after U.S. President Donald Trump hinted at the possibility of halting fuel exports from the United States, the continent's largest supplier. This threat raised concerns about a worsening global supply shortage, especially amid declining exports from the Gulf region and tensions at Russian refineries, as the diesel market continues to suffer from a greater shortage than crude oil. Although the United States has not announced an official embargo, the speculation has led to a sharp rise in fuel prices, at a time when the global market is already facing supply constraints and potential refinery output reductions in the U.S., highlighting the challenges to securing fuel supplies worldwide.

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