US pressures Europe to release diesel reserves as Trump threatens export ban

BBC - Oct 2, 2026

President Donald Trump has threatened to ban diesel exports in a bid to ease prices in the US ahead of the November elections.

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Watch live: Trump kicks off red-state campaign swing at Texas truck plant

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Treasury targets Iranian auto, rail sectors in latest round of sanctions

The Treasury Department sanctioned Iranian auto and rail industries Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturing companies — which the administration views as critical sources of funding for...