Markets

White House Takes Crude Oil Export Ban Off the Table

A crude oil tanker departs the Port of Corpus Christi in Corpus Christi, Texas.

Photographer: Eddie Seal/Bloomberg

The White House doesn’t plan to ban the export of oil and gas, a Trump administration official said Thursday, following a meeting between Vice President JD Vance and oil executives.

“Oil and gas export restrictions are not under consideration,” the official said.