Diesel

Trump strikes deal with Putin for Russian diesel in sharp reversal of U.S. policy ahead of midterms

By Michelle L. Price, Collin Binkley, Associated Press

President Donald Trump said he has struck a deal to obtain diesel from Russia, a stunning reversal of years of U.S. pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the…

Trump's executive order on dyed diesel will offer little relief, farmers and truckers say

By Sarah Raza, Mae Anderson, Associated Press

Farmers, truckers and economists say a move to cut taxes on diesel will provide little relief from record-high fuel prices that have soared since the U.S. attacked Iran months ago.

Major oil exporters agree to keep production steady in November

By Associated Press

The so-called OPEC+ subgroup — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman — will meet again on Nov. 1 to review conditions in the oil market.

Americans' opinion of economy drops to lowest level since 2014

By Matt Ott, Associated Press

Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war.

How the diesel price spike is rippling through nearly every part of the economy

By William Brangham, Jackson Hudgins

A rapid surge in the price of diesel fuel is straining businesses and threatening to raise costs across the economy. It’s also putting pressure on President Trump to bring relief at the pump, including through a diesel export ban that’s…

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3 things to know about rising diesel prices and how they affect you

By Maria Ramirez Uribe

Diesel prices have reached historic highs as a result of the U.S. war in Iran and Russia’s war in Ukraine, and consumers will bear the brunt of the rising cost, experts say.

Trump calls on Ukraine to halt strikes on Russian diesel fuel, saying attacks are causing a shortage

By Associated Press

Ukraine has for months been targeting Russia’s oil and gas industry with long-range strikes, prompting fuel rationing across the country and causing Moscow to ban diesel exports in July, one factor disrupting the global supply of diesel.

U.S. diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

By Wyatte Grantham-Philips, Associated Press

Diesel prices in the U.S. hit yet another record on Friday, soaring past $6 a gallon on average as Washington’s war with Iran disrupts the world’s flow of fuel.

U.S. diesel prices hit a record high, pushing up transportation costs for a long list of goods

By Wyatte Grantham-Philips, Associated Press

Diesel hit a record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time as the six-month war with Iran disrupts the world’s flow of fuel.

German farmers and their tractors throng Berlin in protest against fuel subsidy cuts

By Geir Moulson, Associated Press

Over the past week, farmers have blocked highway entrances and slowed traffic across Germany with their protests, intent on pushing Chancellor Olaf Scholz's government to abandon the planned cuts entirely.