WIOC Preparing for Possible U.S. Diesel Export Ban as Antigua Looks to Secure Fuel Supplies

Antigua and Barbuda is preparing for another potential disruption to the international fuel market, with the West Indies Oil Company (WIOC) exploring alternative sources amid uncertainty over a possible United States ban on diesel exports.

The issue was raised at Thursday’s post-Cabinet press briefing following reports that US President Donald Trump had backed the idea of restricting diesel exports as global fuel markets face continued pressure from conflicts in the Middle East and Ukraine.

However, Maurice Merchant, Director General of Communications in the Office of the Prime Minister, said the matter was not discussed during Wednesday’s Cabinet meeting.

Merchant said WIOC, the country’s main fuel provider, has been preparing for possible changes in the international supply chain and does not depend on a single source for its fuel.

He said the company has been seeking additional source markets as part of efforts to maintain a steady supply and help keep fuel prices stable for consumers in Antigua and Barbuda.

The developments come as diesel prices have reached record levels internationally, with disruptions to major fuel-producing regions tightening supplies. The United States is one of the world’s largest diesel exporters, meaning any significant restriction could have wider effects on international fuel markets.

Trump said on September 22 that he supported the idea of restricting US diesel exports, while Treasury Secretary Scott Bessent said the administration was examining whether a full or partial ban would be feasible.

The following day, however, a White House official denied a report that the United States was preparing a 90-day diesel export ban. US Energy Secretary Chris Wright also said a blanket ban was not being considered, while indicating that the administration was examining ways to increase diesel availability domestically.

For Antigua and Barbuda, the uncertainty reinforces the importance of having multiple supply options available, particularly as international fuel prices remain elevated.

WIOC has previously faced significant financial pressure from rising international fuel costs. Earlier this month, the company disclosed that the Government owed approximately $15 million after subsidising gasoline and diesel for six months to shield consumers from higher global prices.