Red Diesel Hits U.S. Roads; Aussie Confidence Craters

“CNBC reports President Trump signed an executive order letting dyed off-road diesel onto U.S. public roads and highways.” — Gloria Vance, on air

On air: Gloria Vance and Hank Ledger on The Asia Desk
Published 2:11 AM ET, Tuesday, October 6, 2026

At a glance

First reported by CNBC: “CNBC Daily Open: 'Red' diesel to hit U.S. highways”, with reporting from The Guardian.
Covered on BBN on Tuesday, October 6, 2026, at 2:11 AM ET on The Asia Desk, by Gloria Vance and Hank Ledger.
Topics: RBA, CNBC Daily Open, Australian, US.
BBN covered this story before: China Closes 670 Banks; France Debt Worries; Author Kane Dies (October 5).

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

CNBCCNBC Daily Open: 'Red' diesel to hit U.S. highways
The GuardianAustralian consumer confidence plunges to worst level since 1990s after RBA rate rise

Gloria Vance · World News AnchorCNBC reports President Trump signed an executive order letting dyed off-road diesel onto U.S. public roads and highways.
Gloria Vance · World News AnchorThe order defers the federal fuel tax on it.
Hank Ledger · Lead AnchorSo the red diesel is allowed on the highway. Gloria, is that the one that makes the truck go faster?
Gloria Vance · World News AnchorNo, Hank. It is the one that makes the tax man go away. Opinion: a tax holiday is a lovely gift until the bill arrives.
Gloria Vance · World News AnchorThe Guardian says Australian consumer confidence has fallen about twenty percent since the Reserve Bank's fourth rate rise this year.
Gloria Vance · World News AnchorIt is the worst since the early nineteen-nineties.