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News Wire / economy

Diesel Prices Exceed Gasoline Prices In US

developing Al Jazeera Arabic Voice Isfahan 13d13d Impact 9

Attacks on steel factories in Iran have caused production to drop and halted the manufacturing of industrial sheets. The Ayatollah stated that blocking the Strait of Hormuz will bring the Gulf region back under control and end the misuse of the waterway by enemies. is pursuing a new international coalition to normalize operations, deviating from President Trump's previous support for independent European solutions. Traders interpreted these comments as a potential total blockade of the Hormuz Strait. This interpretation triggered panic buying on the oil exchange. While current prices are around 70-80, a complete blockade could cause substantial shifts beyond current market projections. The discussion noted that beneficiaries and losers of these price jumps are currently being assessed. Market volatility continues as traders monitor supply risks.

Attacks on steel factories in Iran have caused production to drop and halted the manufacturing of industrial sheets. The Ayatollah stated that blocking the Strait of Hormuz will bring the Gulf region back under control and end the misuse of the waterway by enemies. is pursuing a new international coalition to normalize operations, deviating from President Trump's previous support for independent European solutions. Traders interpreted these comments as a potential total blockade of the Hormuz Strait. This interpretation triggered panic buying on the oil exchange. While current prices are around 70-80, a complete blockade could cause substantial shifts beyond current market projections. The discussion noted that beneficiaries and losers of these price jumps are currently being assessed. Market volatility continues as traders monitor supply risks. Diesel fuel prices in the United States have exceeded gasoline prices, with diesel reported at over $6.50 per gallon. Gasoline prices were noted at approximately $5.00 per gallon. The source suggested that these price dynamics may benefit Russia in the short term. The report mentioned these figures in the context of Binzocolon, California.

Topics

steel industry inflation Iran

Developing

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Sources · 7 independent

Al Jazeera Arabic Voice

“هذا الأمر مرده إلى استهداف مصانع الصلب في إيران ما أدى إلى خفض الانتاجة وتوقف الانتاج لأصفائح التي تستخدم في هذه الصناعات”

Al Jazeera Arabic

“this is due to the targeting of steel factories in Iran, which led to a reduction in production and the cessation of production of sheets used in these industries.”

Al Jazeera Arabic

“this is due to targeting steel factories in Iran, which led to a reduction in production and the cessation of production of sheets used in these industries.”

Al Jazeera Arabic

“This is due to targeting steel factories in Iran, which led to reduced production and the stoppage of production of sheets used in these industries.”

France Info

“Avec la hausse du prix des carburants, tout cela fait les affaires des fabricants chinois de voitures électriques, déjà champions dans ce domaine depuis plusieurs années.”

France Info

“Plus en plus, tenter d'acheter un véhicule électrique... Avec la hausse du prix des carburants, tout cela fait les affaires des fabricants chinois de voitures électriques.”

France Info

“Les clients européens, africains et asiatiques, se tournent davantage vers l'électrique chinois. ... avec la hausse du prix des carburants, tout cela fait les affaires des fabricants chinois de voitures électriques”

France Info

“Les clients européens, africains et asiatiques, se tournent davantage vers l'électrique chinois. [...] dans son pays, le Maroc, les conducteurs victimes indirectes de la guerre au Moyen-Orient, pensent de plus en plus aux voitures électriques chinoises.”

France Info

“Dans les pays d'Asie du Sud-Est ont connu une forte hausse depuis le mois de mars, notamment au Philippines, en Thaïlande, en Malaisie et à Singapour. Avec la hausse actuelle du prix de l'essence, les gens dans ces pays n'ont plus les moyens d'enrouler en voiture traditionnelle et de nombreux consommateurs se tournent vers l'achat de véhicules électriques.”

WTOP Washington DC

“Now they are coming to the market, pushing up the price of oil. Oil rises about two-thirds of a gallon of gas is based on the price of oil. And boom, now we are $1.32 higher than we were before the war.”

Radio Svoboda

“рынках превысили 120 долларов за баррель после сообщения о том, что Дональд Трамп распределся о длительной блокаде портов Ираны армузского пролива.”

RTP Antena 1

“O secretário-geral das Nações Unidas, alerta para as consequências do bloqueio imposto pelo Estados Unidos no estreito de Hormuz. Com os preços do petróleo em máximos históricos”

RNZ National

“The Trump administration is looking to loan up to 92.5 million barrels of crude from its Strategic Petroleum Reserve to energy companies as it aims to calm oil markets.”

KIRO FM Seattle

“oil and And boom, now we are $1.32 higher than we were.”

BBC Radio 4

“The Bank of England holds interest rates but warns there may be trouble ahead with inflation and the cost of borrowing if the Iran war continues.”

WBUR Boston

“Early morning trading saw global oil prices spike as high as $126 a barrel over fears of an escalation in the U.S. Iran standoff in the Strait of Hormuz.”

RTHK Radio 1 Cantonese

“古特雷斯表示,如果海峽關閉至今年年中,全球經濟增長。”

NPR

“saw global oil prices spike as high is $126 a barrel over”

WAMU 88.5 DC

“Early morning trading saw global oil prices spike as high as $126 a barrel over fears of an escalation in the U. S. Iran standoff in the Strait of Hormuz.”

KQED FM

“Early morning trading saw global oil prices spike as high as 1%”

RTP Antena 1

“Com o preço do petróleo em máximos históricos nos mercados internacionais já e o presidente do secretário geral da ONU, trinta e dois milhões de pessoas podem ser empurradas para a pobreza.”

BBC Arabic

“صعر النفط ارتفعت مجدداً بشكل حاد إذ بلغ خامبرينت في إحدى تدولات 126 دولاراً للبرميل وهو أعلى مستوى في 4 سنوات”

Skai 100.3

“Today oil prices with Brent crude forming at 114.6 dollars per barrel and US WTI approaching 105.8 dollars per barrel.”

KQED FM

“Early morning trading saw global oil prices spike as high as 1%... with no clear end to the war in sight, prices are climbing back up.”

NPR

“saw global oil prices spike as high is $126 a barrel over changed by the day. Overall, gas prices are up about 44 percent since the war began”

BBC Arabic

“وصعد سعر النفط ارتفعت مجدداً بشكل حاد إذ بلغ خام برنت في إحدى تداولات 126 دولاراً للبرميل وهو أعلى مستوى في 4 سنوات”

BBC Arabic

“بلغ خام برنت في إحدى تداولات 126 دولاراً للبرميل وهو أعلى مستوى في 4 سنوات”

France Info

“total énergie que annoncent maintenir sa politique de plafonnement des prix dans ces 3 300 stations de service de France, les prix ne dépasseront pas 1,99€ le litre”

LBC London

“What we know is that there is an oil shortage oil is up to $126 a barrel and it's certainly going to get worse over the summer.”

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