UK tries to stop Trump's diesel export ban

Share Save Add as preferred on Google Faisal Islam , Economics editor and Dearbail Jordan , Business reporter EPA Chancellor John Healey The UK is in talks with US authorities over a potential stoppage of diesel exports and has started preparing for a ban, Chancellor John Healey has told BBC News.

Diesel prices in the UK reached a new high on Monday due to supply pressures springing from the US-Israel conflict with Iran and Russia's war with Ukraine.

Fuel prices are rising globally and US President Donald Trump has threatened to ban diesel exports, stating at the weekend: "We're thinking about it very seriously."

Healey, who admitted that UK diesel prices are "extreme", said the government was in discussions with the US, adding: "We're also making the provision that we may need to and we have our own stocks in the UK."