Business
Trump's diesel agreement with Putin accused of contradicting Russia sanctions law
Ukraine President Volodymyr Zelenskyy said in a searing statement that the U.S. easing sanctions on Moscow "plays into Russia's hands."
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diesel
Politics
Trump announces Russian diesel deal amid soaring US fuel prices
Russia to supply 300,000 tonnes of diesel immediately, followed by 1.5 million more, as prices soar amid the Iran war.
World
Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin
Ukraine's president sharply criticised the move, calling it an "investment in war that must be ended, not prolonged".
World
Can emergency reserves ease the diesel crisis?
The G7 plans to release emergency fuel stocks as diesel shortages raise transport costs and squeeze household budgets.
Politics
France to release 10m barrels of diesel in bid to curb rising prices
French Prime Minister Sebastien Lecornu said Wednesday that he would make ten million barrels of diesel available to distributors in France, in a bid to help ease pressure on fuel prices. The diesel, which was purchased before the recent price surge and would be made available at cost price, would "automatically lower prices at the pump by an estimated 12 to 18 cents per litre," he said during a televised address.
Business
France to release diesel reserves as student protests resume
Students are taking to the streets over underfunding in education as the government seeks to find budget cuts to appease bond markets.
Business
Trump’s diesel order exposes White House limits to counter surging fuel prices
President Trump's order comes amid mounting political pressure to take action on surging diesel prices, with the midterm elections only a month away.
Business
High diesel prices may put 'another squeeze' on the consumer, economist says
The impact of soaring diesel prices is less evident to consumers than that of gasoline.
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Business
Trump allows cheaper, dyed diesel on highways to blunt historic fuel cost spike ahead of midterms
The U.S. national average price of diesel topped $6 a gallon in September for the first time ever, as fuel supply disruptions pushed up transportation costs in the country.
Politics
Trump targets tax-free diesel as Republicans approach midterms
President Donald Trump on Monday signed an executive order to ease limits on tax-free red-dyed diesel as fuel prices put pressure on Republican candidates. Trump said the move would save farmers millions of dollars and lower the cost of goods, though analysts said the change would not benefit farmers already using tax-exempt fuel.
World
G7 to release 100 million barrels of oil and diesel, will it curb prices?
Global energy prices have soared due to the US and Israel's war on Iran and Russia's war on Ukraine.
Business
G7 to release millions of barrels of oil and diesel after Trump threat
The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
Business
Watch: Why has UK diesel price hit an all time high?
Diesel has now hit an average of £2 a litre in the UK, the RAC motoring group says, with petrol prices also rising.
World
Europe to release diesel reserves after Trump request
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.
World
Europe to release diesel reserves after Trump requests
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.
World
G7 members will release 100 million barrels of diesel after US threatens export ban
Members of the Group of Seven bloc of highly industrialised economies on Friday agreed to release 100 million barrels of diesel and crude oil from their reserves over four months, averting a potential US ban on diesel exports. The European Union had earlier pushed back against Washington's threat, with an EU official saying the 27-member bloc “fully” rejected the move.
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Business
UK diesel prices top £2 a litre for first time, RAC says
The rise in global oil prices has been pushing up the pump prices of petrol and diesel in the UK.
Business
Diesel prices in NI at highest level since Iran war began
The average price of a litre of diesel hit 193.3p this week, according to NI Consumer Council data.
Business
Oil prices lower as G7 nations to release diesel stocks, Saudis reportedly plan attack on Houthis
The G7 will deploy 100 million barrels of reserves over the next four months, the group's leaders said in a joint statement.
Business
G7 nations to release diesel stocks as wars in Europe and Middle East constrain fuel supplies
EU countries are set for crisis talks on soaring diesel prices, with officials warning a U.S. export ban could hurt Europe’s economic outlook.