Trump rejects curbs on US oil and jet fuel exports
Updated
Updated · Bloomberg · May 8
Trump rejects curbs on US oil and jet fuel exports
9 articles · Updated · Bloomberg · May 8
Speaking in Washington on Thursday, the US president said export limits were unnecessary despite global shortages linked to the war with Iran.
Trump told reporters the United States had “tremendous amounts of oil”, signalling his administration does not plan to restrict overseas shipments to ease supply strains.
The remarks come as the Iran war disrupts energy markets, raising concerns that tighter supplies could affect fuel availability and prices internationally.
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