Governments weigh fuel export bans and price controls as shortages drive record costs

Governments worldwide are weighing export bans and price controls as global fuel shortages and soaring prices trigger political and economic pressure.
The Trump administration is preparing a 90-day ban on U.S. diesel exports, with Politico reporting the measure could be announced as early as next week, though the White House denied such plans . Energy Secretary Chris Wright and other officials oppose a total ban, according to Politico . U.S. diesel prices have hit record highs, averaging $6.52 per gallon, according to AAA .
In Europe, Latvia’s government plans to reduce fuel prices by up to €0.20 per liter through excise tax cuts, waiving reserve requirements, and lifting biofuel mandates, with measures set to take effect from Oct. 1 to Dec. 31 . Prime Minister Andris Kulbergs linked the crisis to disrupted global refining capacity, particularly in Russia, and rising demand for diesel, which powers 67% of Latvia’s vehicle fleet .
Germany is advancing a “dynamic” fuel price cap, with government spokesman Stefan Kornelius stating the measure will adapt to market conditions and be implemented by Jan. 1, 2027 . France expanded fuel relief measures for households, allocating €450 million to offset record diesel prices of €2.41 per liter .
Bulgaria’s Parliament voted to lift a ban on diesel and aviation fuel exports to the European Union, reversing a restriction in place since October 2025 . Meanwhile, Poland’s Orlen warned that government proposals to cap fuel margins could trigger shortages, citing past disruptions when similar measures were imposed .
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