Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
The conflict in the Middle East has left the Federal Reserve braced for higher inflation, with more officials open to the possibility of rate increases.
The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
A gallon has climbed to nearly $6 in the state, about $2 above the national average.
Bettors are angry that Kalshi, citing a policy against death bets, did not pay on wagers. And with signs of trading on government secrets, some lawmakers want to restrict prediction markets.
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
The aid group has refused to comply with new Israeli rules restricting speech and demanding information on staff. Patients are stunned. “I need this place,” says one.
The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.