U.S. Diesel Export Ban Hit Would Be Felt Globally -- Market Talk

1242 GMT - Latin American and European customers would be the hardest hit by a potential ban on U.S. diesel exports, according to Capital Economics, but the impact on global prices would be felt everywhere. "Any reduction in the flow of diesel from the U.S. would weaken one of the key offsets that has helped to ease the woes currently facing the global diesel market," says David Oxley, chief commodities economist. This year's boost in U.S. diesel exports has helped offset around half of the loss of global supplies caused by disruptions to Russian refineries and the Iran war. A full ban could reduce seaborne global supply by a further 30%, Capital Economics estimates. (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

September 23, 2026 08:43 ET (12:43 GMT)