US Truckers Warn Surging Diesel Costs Threaten Retail Domino Effect
Surging diesel prices driven by the Middle East conflict squeezed profit margins for American truckers and agricultural operators, threatening retail goods nationwide.
Middle East conflict
Diesel Prices Approach Record Highs and Threaten Supply Chains
Surging diesel prices hit a national average of $6.30 per gallon by Oct. 7, 2026, driven by Middle East conflict and global demand.
Indian State Refiners Keep Fuel Prices Steady Despite Rising Crude Costs
International crude prices climbed Thursday as Strait of Hormuz shipping risks tightened global supply, while Indian state-owned refiners kept retail pump rates unchanged.
Eurozone Inflation Hits 3.8% as Energy Costs Surge in September
Economists expected a 3.6% increase, but Eurozone consumer price inflation accelerated to 3.8% year-over-year in September, driven largely by an energy price shock stemming from…
Oil Prices Fall as Persian Gulf Exports Near Pre-Conflict Levels
Oil prices moved downward as receding concerns regarding supply disruptions helped calm markets, according to reports from Newmoney and Capital.
US Consumer Confidence Plunges to Lowest Level Since 2014
U.S. consumer confidence fell sharply in September 2026 as mounting inflation fears and a cooling labor market eroded household sentiment, according to survey data released by…
RBA Lifts Cash Rate to 15-Year High to Combat Persistent Inflation
Australia’s Reserve Bank of Australia (RBA) raised its cash rate to 4.6% on September 29, 2026, the highest level since 2011, as inflation remained elevated amid global energy…
U.S. Marines were wounded in Iranian attack on nonmilitary vessel
Eight U.S. Marines were injured in an Iranian cruise missile attack on a nonmilitary vessel in the Strait of Hormuz on September 14, 2026, according to…
US Stock Futures Slip as Oil Prices Climb Over $103 a Barrel
U.S. stock futures slipped as rising oil prices and bond yields weighed on investor sentiment ahead of key producer inflation data and Oracle earnings.
Trump Warns Xi Jinping That Support for Iran Is Totally Unacceptable
President Donald Trump warned Chinese President Xi Jinping during Washington talks that support for Iran is unacceptable, with the U.S.
US Mortgage Rates Hit 13-Month High as Middle East Conflict Drives Yields
U.S. mortgage rates climbed to 6.71 percent for the week ending September 3, marking a 13-month high as renewed conflict in the Middle East sparked a…
Trump Calls Iran Conflict Small Potatoes Despite 18 US Deaths
President Donald Trump dismissed the ongoing military conflict with Iran as “small potatoes” during an Oval Office exchange, defending Vice President JD Vance’s rejection of the…