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Diesel prices surge as Iran war and Ukraine refinery strikes squeeze global supply Diesel prices surge as Iran war and Ukraine refinery strikes squeeze global supply

Diesel prices surge as Iran war and Ukraine refinery strikes squeeze global supply

Global diesel markets are under renewed pressure as supply disruptions linked to the war involving Iran and Ukrainian strikes on Russian energy facilities continue to reduce exports. The latest reporting says the fall in diesel shipments has helped push prices higher in the United States, the United Kingdom and other markets. The issue has become a wider economic concern because diesel is central to road freight, shipping and other parts of the supply chain.The supplied material says United States President Donald Trump has blamed Ukraine's attacks on Russian oil refineries for part of the global reduction in diesel exports, while... [Continue Reading]

360LiveNews 360LiveNews | 12 Oct 2026 16:32 LONDON
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Trump announces an immediate energy ceasefire in the Russia-Ukraine war Trump announces an immediate energy ceasefire in the Russia-Ukraine war

Trump announces an immediate energy ceasefire in the Russia-Ukraine war

President Donald Trump made multiple posts on Truth Social in the last hour: - "Effective immediately, there is an ENERGY CEASEFIRE in the War between Russia and Ukraine. Thank you for your attention to this matter." - "I am proud to announce that I have just appointed Katie Bailey as Director of the Office of Legislative Affairs. Katie is currently the Deputy Director of Legislative Affairs for the United States Senate, and has already delivered strong results, assisting in the confirmations of members of our Cabinet, including Secretary of Homeland Security, Markwayne Mullin, Director of National Intelligence, Jay Clayton, and... [Continue Reading]

Breaking-360LiveNews Breaking-360LiveNews | 11 Oct 2026 15:30 LONDON
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