US diesel prices hit record highs — RT Business News

The main transportation fuel tops $6.50 a gallon as conflicts in Iran and Yemen add to global supply disruptions U.S. diesel prices climbed to a new all-time high as disruptions to global fuel supplies and tensions in the Middle East continued to squeeze the market. The national average hit $6.5107 a gallon ($1.72 per U.S. … Read more

The EU is alarmed by the threat of a Trump diesel ban — RT Business News

The bloc is already grappling with tight supplies, with Ukrainian strikes on Russian refineries adding to the pressure. A US ban on diesel exports could strain the EU energy market, already squeezed by reduced Russian supplies due to sanctions and disruptions to flows from the Middle East, officials in Brussels have warned. The bloc has … Read more