Tag
diesel prices
4 articles
Trump Blames Ukraine for Diesel Spike, Reverses on Iran War
At his Ireland golf resort, Trump urged Zelenskyy to stop attacking Russian refineries, reversing earlier claims that Iranian conflict was driving U.S. fuel prices.
UK Diesel Prices Hit Record High During Middle East, Ukraine Tensions
The average cost of a liter of diesel climbed to 199.18 pence, exceeding the previous peak set in June 2022 as geopolitical conflicts disrupt global supply chains.
Diesel Shock Constrains Fed Rate Path as Supply-Side Inflation Resists Demand Destruction
Record diesel prices are forcing businesses to absorb $35 million-plus in added costs, creating a structural inflation problem that interest rate hikes cannot solve.

National Diesel Average Hits $5.45 in Latest EIA Weekly Survey
The Energy Information Administration's Monday retail survey shows on-highway diesel up sharply, adding direct cost pressure to freight-dependent supply chains.