Trump blames Democrats and Ukraine for soaring US fuel prices, not Iran war
Image: The New York Times
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Coverage
Wires & papers of record
- A reduction in refineries has already driven the price of diesel to record highs, threatening economies. An U.S. export ban would be “tremendous shock and blow.”
- Ministers discuss drawing down EU countries’ reserves after Donald Trump threatens to cut off US supplies Britain is in talks with European allies over releasing emergency diesel stockpiles after Donald Trump threatened to cut off US supplies of the fuel. Ministers held calls with counterparts…
- President Donald Trump has threatened to ban diesel exports in a bid to ease prices in the US ahead of the November elections.
- In effort to avoid panic at pumps, Keir Mather insists supply of fuel to Britain is ‘inherently resilient’ Business live – latest updates The government has moved to avert panic at the pumps, insisting that the UK is not facing a diesel shortage after Donald Trump threatened to cut off US supplies…
- Diesel hasn't always been more expensive than other gasoline. Then in 2004, a switch happened due to air quality standards, demand, and taxes. In this week's Indicator newsletter, we dig into diesel prices, what kind of fun people are buying, and other forms of making your tax bill smaller.
- The Group of 7, which includes Britain, France, Japan and others, announced the release of 100 million barrels over four months, effective immediately.
- Economies in Latin America and Europe rely on American diesel. Stopping exports could tip some countries into recession, hurting trade with the United States.
- Leaders agree a coordinated drawdown within four months as rising prices put pressure on households and economies Leaders of G7 nations are to release up to 100m barrels of their emergency diesel and crude oil stockpiles after coming under pressure from Donald Trump to ease surging fuel prices.…
- The coordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
- Fuel costs are biting for crop growers, trucking firms and a host of other industries as Iran war stokes record prices Joe Hamilton farms corn and soybeans on 2,500 acres in Indiana’s Delaware county. Next week, when his soybean harvest kicks off, four tractors, two combine harvesters and five…
Coverage
- Reuters reported that the EU Commission, France, Ireland, Britain and Italy are holding a call about the possibility of releasing diesel stocks.
- Skyrocketing diesel prices have pushed Washington to weigh an export ban, raising alarm across European economies.
- The Trump administration has called on its European allies, particularly Germany and France, to release strategic diesel reserves in an effort to ease fuel prices. The EU will hold an emergency meeting on Friday.
- Europe's leaders are mulling proposals to respond to Trump's diesel demands.
- This is a breaking news story.
- The US leader asked European countries to release some of their diesel reserves to ease the rising prices. The issue has damaged Trump's popularity back home.
- The US leader asked European countries to release some of their diesel reserves to ease the rising prices. The issue has damaged Trump's popularity back home.
- The US leader asked European countries to release some of their diesel reserves to ease the rising prices. The issue has damaged Trump's popularity back home.
- Europe leaders agreed Friday to release some of diesel stockpiles, pulling prices of oil down by more than 4%.
- US President Donald Trump says Europe agreed to release a ‘massive amount’ of diesel from emergency stockpiles.
- Lawsuit alleges NHTSA contravenes its congressional mandate to set fuel-economy standards at 'maximum feasible' .
- Crude oil prices eased after G7 leaders bowed to US President Donald Trump’s demand to release oil and diesel reserves.
- Global energy prices have been soaring due to the US and Israel's war on Iran and Russia's war on Ukraine.