How a U.S. Diesel Export Ban Could Benefit China and Reshape Global Fuel Markets

While the policy could be intended to lower domestic diesel prices, energy analysts warn that restricting exports could disrupt refinery operations, tighten supplies of other petroleum products.

• U.S. Treasury Secretary Scott Bessent told Fox News the U.S.-China trade truce would be extended until January 10.

• China is Iran’s number one buyer of oil

• If Trump moves forward with a diesel export ban, China could potentially benefit as Europe and Asia look for alternative sources of diesel.

There will be a lot of headlines about the summit between Presi…