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Iran's President Advocates for Nuclear Energy at UN
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Bessent Failed to Report Holdings of JP Morgan Stock
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Pezeshkian says Iran won’t surrender, after Trump’s annihilation threat
Florida fund sues New York Times for records concerning editorial standards
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Goldman Sachs Warns Diesel Export Ban May Increase Gasoline Prices
Goldman Sachs has issued a warning that a potential ban on diesel exports from the United States could lead to an increase in gasoline prices. While the ban may lower domestic diesel prices, it could also incentivize refiners to reduce gasoline production, as both fuels are typically produced simultaneously during the refining process.
Energy Secretary Chris Wright has acknowledged the possibility that an export ban could elevate gasoline prices, despite ongoing efforts by the administration to enhance diesel supply. This situation highlights the complex relationship between diesel and gasoline production and pricing in the U.S. energy market.
Source: KLEA News