JUST IN: πΊπΈ US preparing 90-day ban on diesel exports.
The Trump administration is preparing a 90-day ban on US diesel exports as fuel prices continue to surge, with diesel averaging around $6.52 a gallon nationwide.
The goal would be to keep more diesel in the US and bring prices down in the short term.
Some officials and oil companies are pushing back on the idea. They say a ban could leave refiners with more diesel than they can sell, forcing them to cut production and potentially driving fuel prices higher.
Energy Secretary Chris Wright has publicly rejected the idea of a full export ban, saying it could send prices higher.
@WatcherGuru
The Trump administration is preparing a 90-day ban on US diesel exports as fuel prices continue to surge, with diesel averaging around $6.52 a gallon nationwide.
The goal would be to keep more diesel in the US and bring prices down in the short term.
Some officials and oil companies are pushing back on the idea. They say a ban could leave refiners with more diesel than they can sell, forcing them to cut production and potentially driving fuel prices higher.
Energy Secretary Chris Wright has publicly rejected the idea of a full export ban, saying it could send prices higher.
@WatcherGuru
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JUST IN: Nvidia $NVDA CEO Jensen Huang says scientists need to stop making AI doomer predictions.
"Just because it comes from a scientist doesn't make it scientific. Those predictions are hurtful."
@WatcherGuru
"Just because it comes from a scientist doesn't make it scientific. Those predictions are hurtful."
@WatcherGuru
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JUST IN: πΊπΈ CFTC Chair Mike Selig says the agency is preparing for the "era of onchain systems, mass tokenization, 24/7 trading, and agentic finance."
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JUST IN: πΊπΈ US Treasury to buy back up to $6 billion in longer-term debt tomorrow.
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JUST IN: Anthropic CEO Dario Amodei says Claude may be used to perform biology experiments by autonomously controlling lab equipment.
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JUST IN: πΊπΈ CFTC announces the agency is establishing "clear" crypto market structure rules.
"It's GO TIME"
@WatcherGuru
"It's GO TIME"
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JUST IN: πΊπΈ US considers plan to promote dollar-backed crypto stablecoins worldwide.
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JUST IN: π¬π§ UK's largest banks complete first interbank transactions using blockchain-based tokenized deposits.
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JUST IN: πΊπΈπ¨π³ President Trump says he wants to leave Super Intelligence "exactly where it is" and that China agrees.
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JUST IN: $IBM connects its digital asset platform to Swift's blockchain ledger, allowing banks to move tokenized deposits 24/7.
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JUST IN: Cathie Wood's ARK Invest launches tokenized venture fund on Ethereum that trades 24/7.
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JUST IN: π¨π³πΊπΈ President Xi Jinping calls for the US and China to work together on AI development.
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