A major shift in energy policy emerged as the U.S. rejected calls to halt diesel exports following the G7’s decision to release fuel reserves. While other leading economies committed to tapping into their strategic stocks to ease global supply pressures, the administration clarified it would not impose such restrictions. The move underscores a divergence in approaches to addressing fuel shortages amid rising tensions over energy markets. Analysts will be watching how this decision plays out against broader efforts to stabilize prices and secure supplies.
President Trump said Friday that he will not ban exports of diesel after the Group of Seven (G7) major economies announced that they would release fuel from their stocks. “Europe has a lot of diesel, and they're going to be making a major world contribution, and so are we, and we're not going to be...
