Diesel Prices
US diesel hits $6.30/gallon as first Russian cargo sails to New York
American diesel prices have surged near $6.30 per gallon as the first cargo of Russian fuel under a new Treasury waiver departs for New York amid historic inventory lows.
G7 releases 100m barrels of oil, front‑loaded diesel to curb price spikes
The G7 has agreed to release up to 100 million barrels of crude oil and diesel from strategic reserves, front-loading supplies to combat soaring fuel prices.
Europe faces economic pressure as soaring diesel prices
Europe's economy faces severe pressure as record-high diesel prices threaten freight transport and industrial output, aggravated by potential US export restrictions and refining shortages.
US farmers face record diesel prices, squeezing margins
American agricultural producers face severe financial strain as record-shattering diesel prices coincide with peak harvest cycles, threatening small farms and consumer grocery prices.
Trump tells Zelensky to stop striking Russian diesel infrastructure
U.S. President Donald Trump publicly urged Ukrainian President Volodymyr Zelenskyy to halt long-range drone strikes on Russian diesel infrastructure, warning the attacks worsen global shortages as U.S. diesel prices cross $6 a gallon.
US Diesel Prices Hit Record High of $5.85 Per Gallon Amid Supply Squeeze
U.S. retail diesel prices have reached a historic national average of $5.85 per gallon, driven by global supply disruptions and depleted domestic stockpiles.