DIESEL: U.S. Diesel Export Ban Would be Felt Globally: Capital

LatAm and European customers would be hardest hit by a potential ban on U.S. diesel exports, but the impact on global prices would be felt everywhere, Capital Economics said. * "Any reduction in the flow of diesel from the U.S. would weaken one of the key offsets that has helped to ease the woes currently facing the global diesel market," says David Oxley, chief commodities economist. * A rise in U.S. diesel exports in 2026 has offset around half of the loss of global supplies caused by disruptions to Russian refineries and the Iran war, Capital Economics said. * However, a full U.S. export ban may diminish global seaborne diesel supplies by a further 30%, Capital Economics estimates.