Trump administration economic advisers are analyzing a potential short-term US diesel export ban as overseas conflicts disrupt supplies and push prices higher, Bloomberg reported Thursday.
The study is intended to inform decisions on possible export curbs, Senator John Hoeven said, according to Bloomberg.
Farm-state lawmakers have urged export restrictions during the fall harvest, while energy experts have warned that any initial price relief could quickly fade and lead to higher costs, the report said.
Meanwhile, Trump has not decided whether to impose export limits, and the study is not an indication that the administration is leaning toward a ban, Bloomberg reported.
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