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Dies-aster: California Diesel Nears $10 A Gallon As Global Fuel Crisis Deepens

Dies-aster: California Diesel Nears $10 A Gallon As Global Fuel Crisis Deepens New AAA data show US diesel prices reached a record $6.05 a gallon, signaling severe tightening in global refined-fuel markets. The squeeze reflects converging pressures: damage to Russian refinery capacity and diesel export halts linked to the Russia-Ukraine war, ongoing disruption at Hormuz, expanding threats to Red Sea shipping, and renewed Chinese buying. Together, these developments threaten both fuel availability and the shipping routes needed to deliver supplies, with conditions appearing to worsen ahead of the Northern Hemisphere winter. Patrick...
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Jun 30, 2026 / Tyler Durden
Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last
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Trump Threatens Iran: We’re Going to Hit Them Very Hard
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Jul 30, 2026 / Tyler Durden
Cuba Crisis: Assessing The Claims Against Havana
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