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via BeInCrypto · By BeInCrypto Editorial

Drivers Could Pay More for Gasoline if Trump Bans Diesel Exports, Morgan Stanley Says

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BeInCrypto Editorial
(01:31 PM UTC)
1 min read
DK
Updated byDavid Kim

Morgan Stanley warned that a US ban on diesel exports could push gasoline prices higher. The bank expects domestic storage to fill within weeks, forcing refiners to scale back output.

Goldman Sachs issued a similar warning on Wednesday, while President Donald Trump weighs export curbs to tame record diesel prices.

Record Pump Prices Put a Diesel Export Ban on the Table

AAA averages cited by…

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