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Diesel Tops $5, Echoing 2022 Russia-Ukraine Invasion Energy Shock

Diesel Tops $5, Echoing 2022 Russia-Ukraine Invasion Energy Shock US Fuel Spike Summary: AAA national average diesel prices have jumped 34%, the largest increase for any month on record. AAA national average gasoline prices have jumped 24.5%, also the largest increase for any month on record. The spike in refined products comes just ahead of driving season and, if it persists long enough, could dent consumer sentiment polls. The Trump administration assures the conflict will be short-term. Countdown to Memorial Day driving season: 69 days. *  *  *  Update (0840ET) The partially paralyzed Hormuz chokepoint...
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US To Let Russian Oil Tanker Deliver Fuel To Cuba: Report
US To Let Russian Oil Tanker Deliver Fuel To Cuba: Report A week after Russian tankers loaded with fuel for Cuba were diverted due to a months-long US oil blockade, the US Coast Guard is permitting a Russian vessel carrying an estimated 730,000 barrels of crude oil to reach Cuba, the NY Times reports, citing an official briefed on the matter. The tanker - Anatoly Kolodkin - owned by the Russian state-controlled shipping company Sovcomflot under U.S. sanctions since 2024 - left Primorsk, Russia on march 9, and is now expected to dock at...
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