Price of diesel hits all-time high as Iran, Ukraine wars constrict global supply
For U.S. consumers, the rising cost of diesel is likely to result in higher retail prices for everything from produce and toys to lumber and apparel.
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For U.S. consumers, the rising cost of diesel is likely to result in higher retail prices for everything from produce and toys to lumber and apparel.
Because of the war in Iran, the cost has exceeded the record it hit in 2022 after Russia’s full-scale invasion of Ukraine.
President Donald Trump hyped the sanctions plan as "economic D-Day" against Iran, but the U.S. has so far taken few steps to implement it.
Crude oil prices extended their climb today and are set for a sharp weekly gain as the war in the Middle East continues with little chance of peace. At the time
Emirati ADNOC is still loading liquefied natural gas in the Persian Gulf despite the latest exchange of strikes between the United States and Iran, Bloomberg ha
Politics, Geopolitics & Conflict The U.S. restarted major strikes on Iran this week, hitting missile, radar, and other military installations along the southern
For U.S. consumers, the rising cost of diesel is likely to result in higher retail prices for everything from produce and toys to lumber and apparel.
Iran war pushes fuel costs above previous 2022 peak, adding to inflationary pressures ahead of November’s midterm elections
Because of the war in Iran, the cost has climbed past the record it reached in 2022 after Russia’s full-scale invasion of Ukraine.
Fuel prices have soared since the Iran conflict began at the end of February, mirroring the surge in wholesale oil prices.
The EU formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it's weighing a military role to help reopen the Strait of Hormuz.
Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.
OPEC+ is likely to leave its oil production policy unchanged for October when seven of its core members meet on Sunday, Reuters reported Wednesday, citing three
Spot LNG prices for Asian buyers went up to almost $26 per million British thermal units yesterday for a 5% weekly gain following the resumption of strikes betw
Chinese refiners are paying a hefty premium for Russia’s ESPO crude to replace Iranian crude that independent refiners were importing before the U.S. installed
This week’s renewed strikes by the United States and Iran strain the flow of energy and diminish expectations the disruption will end soon.
China rejected G20 pressure over export-driven growth while also challenging U.S. Iran sanctions and European trade measures.
Oil prices climbed once again in early Asian trade on Wednesday as the U.S. and Iran traded strikes in a significant escalation after a month of relative calm.
The number of tankers traversing the Strait of Hormuz remains below the ten-day average, according to ship-trackers, with Kpler reporting only four tanker cross
Every large-cap token fell over the past 24 hours, and the high-beta majors gave up roughly triple what bitcoin did.