Move could see MR tanker rates surge on Singapore to Australia route and vice-versa on LNG carriers’ freight, analysts tell ...

Europe faces a severe jet fuel shortage due to Middle East disruptions. Nigeria's Dangote jet fuel refinery is emerging as a ...

As the Middle East crisis continues to rile global energy markets, Europe's aviation sector faces a new vulnerability: a ...

U.S. diesel prices jumped above $5 a gallon on Tuesday, marking the highest level since December 2022, as the strain on global energy markets from the war with Iran continues to ripple through the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

The national average price for diesel has exceeded $5 per gallon as the war in Iran strains oil supplies, according to AAA. Diesel, like gasoline, is made from oil. It is often used to fuel trucks ...

Diesel prices are rising at a much faster clip than gasoline as the war in Iran disrupts critical oil supplies – and while most drivers don’t use the pricier fuel to fill up their tanks every day, it ...

Brazil aims to soften the blow of the spike in oil prices Spike in diesel prices threatens Brazil's farm sector BRASILIA, March 12 (Reuters) - Brazil's government scrapped taxes on diesel while ...

For all the pain motorists are feeling at the gasoline pump these days, it’s a lot worse for diesel drivers. Since late February, when the war in Iran upset global oil markets, diesel prices in ...

The average price of diesel fuel hit $5.04 a gallon nationwide Tuesday, the latest fallout from soaring crude oil prices brought on by Iran’s blockade of the Strait of Hormuz, a critical oil transit ...

Diesel now costs $5 a gallon on average, with prices up $1.2 over the last 14 days—the largest two week price spike on record, according to analysts at GasBuddy, as the ongoing war in Iran and the ...