Tuesday, 18 August 2026 Newsarchy UK live index
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US-Iran Tensions

US-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records

US-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records

Escalating geopolitical tensions between the United States and Iran have sent crude oil prices climbing, while U.S. diesel profit margins surpassed $100 per barrel.

Business ·18 Aug 2026, 08:42 ·Maeve Turner 4 min read