Inflation surged in September as U.S. energy costs jumped
Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
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Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
Russian President Vladimir Putin agreed to release 300,000 tons of diesel immediately and millions more over the coming months.
The surge in diesel prices this year is putting a financial squeeze on schools, farms and small businesses around the U.S.
The Iran-backed Houthis expanded their control over the strategy Bab-el-Mandeb strait, as strikes continued in the Strait of Hormuz.
The price of diesel has soared more than 60% over the last year, a surge energy experts say is likely to continue. Here's why.
The cost of diesel fuel is nearing $8 per gallon in parts of California, creating significant pressure on small trucking companies already struggling.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
California continues to face limited refinery capacity amid the ongoing war in Iran, disrupting global shipments.
The EPA has approved California's plan to phase out the sale of diesel-powered trucks starting in 2024.
The U.S. has a 25 day supply of diesel fuel, but refineries are continuing to add to that.