US diesel futures fall after report of export ban plan, which the White House denies

HOUSTON, Sept 23 (Reuters) - US ultra-low-sulfur diesel futures fell 4% on Wednesday after Politico ‌reported that the White House is preparing a plan to ban diesel exports for 90 days, which the Trump Administration denied. Average US diesel prices are sitting near record highs at $6.52 a gallon, according to AAA, straining the farming, transportation and other industrial ​sectors that rely on the fuel. Wars in Iran and Ukraine have sharply cut exports ​from some of the biggest producers such as Russia, Saudi Arabia and the United ⁠Arab Emirates. The Reuters Power Up newsletter by columnist Ron Bousso provides...