New Delhi, Sept. 27 -- A potential US restriction on diesel exports could initially lower domestic diesel prices but eventually push up gasoline prices as rising inventories force refiners to cut output, Goldman Sachs said, while warning that the effects could extend to diesel markets in Europe and other regions.

Goldman Sachs in a recent research report said restrictions on diesel exports, including quotas, were a plausible scenario, although not its base case. The bank modelled a hypothetical ban beginning in early October and lasting through at least December, with a 90-day restriction reportedly under consideration.

US diesel net exports have risen from 1.1 million barrels per day (mb/d) in 2025 to around 1.6 mb/d in recent months, ...