IRAN: "APOCALYPTIC WAR" | D.C. Daily

Will the U. S. Cut off diesel exports? So record high diesel prices have President Trump seriously considering pausing U. S. Diesel exports to bring the prices down. But economists and the oil industry say that won't work. And not only that, it will drive the prices even higher because it is a global commodity. If the U. S. Pulls diesel and distillate fuel off the market, that will lower supply, which always leads to higher prices even within the U. S. That has more than enough. Now, the U. S. Produces more diesel than the country uses, exporting about a million barrels of diesel a day in the war with Iran, President Trump sticking to a strategy that he's in no rush to end it. Say no to a deal on Sunday that Iran's had an offer to reopen the Strait of Hormuz in less than a week. Now Iran's offered to get oil moving through the strait required that the U. S. Lift its naval blockade of Iranian ports and unfreeze Iranian funds. First, President Trump says Iran only made the offer because it is quote losing so bad. Iran says it's open to diplomacy and talks, but ready for apocalyptic war if the U. S. Resumes attacks.