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Analyst warns diesel could top $4 and rationing possible if US ban proceeds

24 Sep 2026, 01:34 GMT By Alison Branley and Kirsten Aiken
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Article Analyst warns diesel could top $4 and rationing possible if US ban proceeds
Credit: Alison Branley and Kirsten Aiken

Energy expert Saul Kavonic says the US's proposed diesel export ban is "probably the most worrying development we've seen in global fuel markets since the [Middle East] war began".