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JUST IN: 🇺🇸 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.
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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
JUST IN: 🇺🇸 Federal Reserve to enable cross-border transaction support through its FedNow instant payment system.
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JUST IN: Morgan Stanley accidentally leaks internal document containing details of more than 100 investment banking deals.
A Morgan Stanley employee mistakenly emailed an internal document revealing details on more than 100 investment-banking deals, primarily across Asia.
The document included potential IPOs from China, South Korea and India, along with information on private-equity and pension-fund backers and projects that had been paused.
The employee later attempted to retract the email, while a blurred copy surfaced on Instagram.
Morgan Stanley said it acted quickly to address the leak and is working with the parties involved.
@WatcherGuru
A Morgan Stanley employee mistakenly emailed an internal document revealing details on more than 100 investment-banking deals, primarily across Asia.
The document included potential IPOs from China, South Korea and India, along with information on private-equity and pension-fund backers and projects that had been paused.
The employee later attempted to retract the email, while a blurred copy surfaced on Instagram.
Morgan Stanley said it acted quickly to address the leak and is working with the parties involved.
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JUST IN: NYSE signs deal with Blockchain․com to bring tokenized US stocks to 44 million crypto accounts.
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JUST IN: 🇺🇸 US Energy Secretary Chris Wright says a diesel export ban would not work and would raise gasoline and jet fuel prices.
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JUST IN: 🇪🇺 $235 billion Raiffeisen Bank International to launch crypto trading across 11 European markets.
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JUST IN: BlackRock says AI agents will drive major demand for crypto stablecoins and blockchain payments.
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JUST IN: 🇨🇦 Canada's six biggest banks launch joint tokenized deposits project to enable 24/7 blockchain-based payments.
• Bank of Montreal
• Royal Bank of Canada
• Toronto-Dominion Bank
• The Bank of Nova Scotia
• National Bank of Canada
• Canadian Imperial Bank of Commerce
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• Bank of Montreal
• Royal Bank of Canada
• Toronto-Dominion Bank
• The Bank of Nova Scotia
• National Bank of Canada
• Canadian Imperial Bank of Commerce
@WatcherGuru
JUST IN: 🇺🇸 President Trump calls to ban US diesel exports.
US is the world's largest diesel exporter.
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US is the world's largest diesel exporter.
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JUST IN: Palantir $PLTR co-founder Joe Lonsdale says AI will make everyone "really wealthy."
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JUST IN: 🇺🇸 $SOFI Bank and Mastercard launch crypto stablecoin settlement payment network.
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JUST IN: Elon Musk says AI will "beat all fields by the end of next year."
"Or maybe 2028, at the latest."
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"Or maybe 2028, at the latest."
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JUST IN: 🇺🇸 President Trump says he is renaming Artificial Intelligence to "Super Intelligence."
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