Riseda Energy said in a report that the unresolved conflict in the Middle East is compounded by the risk that the US plans to introduce a ban on diesel exports. The two major factors “impact the energy market at the same time.” Chief economist Claudio Galimberti said that the export ban currently being discussed by the US “is the policy issue that will have the greatest impact on the energy market in the short term.” Once the ban is imposed, diesel prices in Europe and Latin America will rise sharply; as refineries in the Gulf of Mexico will soon be forced to reduce processing loads, gasoline and aviation coal prices in the US will gradually rise. “The ban will allow more diesel to remain in the US market and reduce retail prices at gas stations in the US Zone 2, Zone 3, Zone 4 and some 5 regions in the short term.” However, for European and Latin American buyers, “market supply will be tightened and prices will rise significantly.”

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