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IMPACT OF WAR ON FUEL PRICES
Diesel prices are hitting record highs at a bad time for many US farmersRecord diesel prices are squeezing US farmers as they harvest corn and soybeans, adding to higher fertiliser, seed and equipment costs. The...- White House weighs how to use Defense Production Act to expand US oil refining capacity, sources sayThe White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...
- US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goodsIn the U.S., diesel prices have soared to unprecedented levels, surpassing six dollars a gallon. This spike is primarily caused by tensions...
- Russian central bank holds key rate steady ahead of electionIn a recent decision, Russia's central bank opted to hold the benchmark interest rate at fourteen percent. Economic challenges have intensi...
- Costly war far from over even as US loosens Iran's grip on Strait of HormuzUS has restricted Iran's oil exports and loosened its Strait of Hormuz control. This ongoing conflict, however, is nowhere near resolution ...
- Oil prices set to end week over $100 for first time in nearly 4 monthsOil prices are inching closer to the $100 mark as shipping routes come under rising attack. The Houthi grip on Yemen's Mocha port poses ris...
- Trump says he has ‘no regret’ over Iran war, vows conflict will end after midtermsPresident Trump stated he does not regret the war against Iran, despite potential election impacts. He believes supporters are proud of his...
- US oil jumps above $100 and stock futures slumpAmid the escalating U.S.-Iran conflict, crude oil prices in the U.S. have surged past one hundred dollars, leading to marked increases in g...
- US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
- ECB raises interest rates as Iran war fans inflation fearsThe European Central Bank has taken another bold action by raising interest rates for the second occasion within the year. This effort is d...
- India looks to boost biofuel use amid rising crude supply risksIndia seeks to boost biofuel use for energy security. Crude supply disruptions and rising oil prices drive this strategic shift. The nation...
- Trump says oil prices that spiked because of Iran war likely won't come down until after midtermsUS President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...
- US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
- State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
- Iran's government to raises price of petrol as US applies economic pressureIran will raise gasoline prices for users exceeding 110 liters monthly starting Tuesday. The price for the third quota will increase to 100...
- US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
- US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...
- Construction cost for housing projects increases by 34%Indian housing prices have risen significantly faster than construction expenses. This trend creates affordability issues for buyers and ma...
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