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U.S. diesel prices are hovering near record highs as the wars in the Middle East and Ukraine squeeze global refining capacity. A top European central banker warns high diesel prices could linger much longer. But some investors expect oil to tumble once the Strait of Hormuz reopens. The average price for a gallon (3.79
U.S. stocks look set for a positive opening on Friday, with futures of the Dow Jones, S&P 500 and Nasdaq Composite rising, after closing Thursday on a mixed note. Contributing to the optimism are comments from Iranian Foreign Minister Abbas Araghchi, who proposed to reopen the Strait of Hormuz and resume talks on a nuc
U.S. stock futures were mixed on Tuesday, as the Dow Jones and S&P 500 indices rose and the Nasdaq 100 index fell, following Monday’s higher close. U.S. Treasury Secretary Scott Bessent announced that Iranian airlines will be "shut down" worldwide by Wednesday, warning foreign entities that providing fuel or landing se
Trump Says He Is Open To Meeting Iran s Pres During UNGA Trump Warns He s Entered Deciding Mode On Iran, Big Things In Store Pakistan Interior Minister Visits Iran To Discuss Regional Situation Ukraine Fires Over 1K Drones At Russia; Largest Ever Moscow Attack Trump To Meet Zelensky As Russia-Ukraine Attacks Intensify
The national average price for diesel reached $6.51 per gallon on Monday. A commodity strategist stated the supply disruption has moved into a diesel market that “no handshake can refill.” Record Prices Hit Harvest and Freight The U.S. average diesel price hit an all-time high of $6.5107 per gallon on Sept. 21, 2026, a
US Russian oil bill leaves Modi facing tough choices India warns new US tariffs could hurt bilateral ties Russian crude now accounts for over 40% of supplies Oil dilemma risks fuel price shock before key elections New sanctions threat clouds US-India trade deal hopes By Aftab Ahmed, Krishna N. Das and Nidhi Verma NEW D
US cleared the way for a $24.3B military aircraft sale to Saudi Arabia, according to the report.
Saudi Arabia’s crucial East-West oil pipeline, which was shut down due to Iran-backed attacks, is set to restart operations soon, according to Energy Secretary Chris Wright. Wright, in an interview with CNBC on Tuesday, on the sidelines of the G20 energy officials’ meeting in Houston, said the pipeline’s closure is a “
U.S. stock futures fell Tuesday, with the Dow, S&P 500 and Nasdaq 100 lower as Brent crude climbed above $99 a barrel and investors awaited Friday’s August CPI report and Apple’s product event Wednesday.
Iran and Oman are reportedly in the final stage of talks on a temporary safe route in the Strait of Hormuz, with Iranian officials saying an agreement could come in coming days.
Weekend macro recap covers China’s planned capital support for state lenders, EU/Italy and Germany politics, US yield-curve volatility, OPEC+ holding output, and Middle East/Ukraine ceasefire and strikes.
U.S. stock futures were mixed Friday as investors awaited the August jobs report before the opening bell. Dow futures fell while S&P 500 and Nasdaq 100 futures rose; QQQ was up 0.42% premarket at $720.66.
U.S. futures were mixed Wednesday, with Dow Jones futures higher and S&P 500 and Nasdaq 100 futures slightly lower, as investors awaited Nvidia's second-quarter earnings and key inflation and GDP data.
Iran’s security chief Mohsen Rezaee says “not a single drop of oil” will be exported through the Strait of Hormuz or the Persian Gulf if the “economic war” continues.
U.S. stock futures are higher, with S&P 500 and Nasdaq 100 futures up and Dow futures slightly lower, while investors await Fed July meeting minutes and watch rising oil and Treasury yields.
U.S. stock futures trade lower as geopolitics intensify after President Donald Trump rejects extending a temporary ceasefire with Iran, while Brent crude holds above $91 and Treasury yields stay elevated.
Earnings are set to hit the tape on Thursday and the options market is already laying down markers on how violent the post-print reaction could be — a useful read for retail investors sizing risk around the release and the guidance call, according to Pro. This is a -selected watchlist that mixes energy, aerospace and h
President Donald Trump’s campaign to purge Chinese-linked critical minerals from federal supply chains is facing the U.S. industrial reality check. Federal contractors must stop purchasing specified rare earths, magnets, tungsten, molybdenum and tantalum from China, Russia, Iran and North Korea by January 1, 2027. Trum
President Donald Trump’s decision to impose 50% tariffs on roughly $20 billion of Canadian goods is escalating a trade confrontation at precisely the wrong moment for U.S. energy security. The measures target products including alcohol, dairy, furniture, cement, paper and… hockey sticks. Canadian Prime Minister Mark Ca
The U.S. Global Jets ETF (NYSE: JETS ), the most widely watched gauge of global aviation, climbed 13.5% in June. That’s the best performance of any U.S. industry ETF over the last month. The move carried the fund above its pre-Covid highs for the first time, closing at $33.28 last Friday — territory it last held in Dec
Italy's economic output may be reduced by €126B due to extreme air temperatures.
Italy's economic output may be reduced by up to €126B due to extreme air temperatures, economists warn.
European papers discuss economic output, pension reforms, and industrial base crisis.
US Energy Secretary Wright warns the EU of a potential gas supply crunch.
China aims for 40% of new truck sales to be electric by 2030, with companies like Sany expanding production and exports