Global diesel shortages persist despite recovering crude exports, as damaged refineries in the Middle East and Russia constrain fuel supplies. Diesel markets could remain tight until mid-2027, with ...
A spike in diesel prices is hammering broad sectors of the U.S. economy – especially agriculture and shipping – and becoming a flash point ahead of the November 2026 midterm elections. Meanwhile, the ...
Rising diesel prices have helped fuel inflation — and we’re about to see how much worse it could get
Wall Street wasn’t taking Wednesday’s hot consumer-price index lightly. And on Thursday, the producer-price index will be the last reading to help investors gauge the toll of surging diesel prices in ...
The cut in global supply from the wars in Ukraine and Iran have made wholesale diesel prices more than double since the beginning of 2026. Last week, President Donald Trump lifted restrictions on ...
Diesel has generally cost more than gasoline since 2004 due to higher production costs, taxes, and global demand. Global refinery disruptions, export restrictions, and low inventories have widened the ...
Netflix is developing a feature adaptation of ‘Hatchet,’ Gary Paulsen’s 1987 young adult survival novel. The film will be written and directed by Derek Cianfrance, best known for films such as “Blue ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. President Trump announced that Russia will ship 300,000 tons of diesel to global markets, ...
Trump eases Russia sanctions, says Putin will release diesel supplies amid unprecedented price spike
President Donald Trump said Friday that Russian President Vladimir Putin would “immediately” release hundreds of thousands of tons of diesel fuel onto the global market. Trump made the announcement on ...
When you go for a fill-up, and your eyes drift over to the diesel pump, you might shake your head and thank your lucky stars that your car doesn't run on diesel. But much of the American economy runs ...
Lawrence Allison puts $175 worth of diesel in his truck at a gas station, September 10, 2026, in Carlsbad, California. Credit: Gregory Bull/AP Photo. As much as any other factor, the ...
The nation’s largest trucking groups said Tuesday that President Donald Trump’s executive order aimed at easing diesel prices would do little to increase availability of the key transportation fuel.
Trump allowed a special kind of diesel fuel reserved for farms and construction sites to be used more broadly as fuel costs spiked. The U.S. national average price of diesel topped $6 a gallon in ...
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