Keywords: Fuel Prices


Lula warns Iran conflict is driving up global fuel and food costs

Brazilian President Luiz Inácio Lula da Silva has warned that the conflict involving Iran is creating wider economic repercussions, pushing up the cost of fuel, fertilizers and food in markets around the world. Speaking to CNN, Lula said the disruption was being felt far beyond the Middle East,......

Fuel shock in France: diesel hits new record as petrol prices surge

The price of diesel in France has climbed to a new record, reaching an average of €2.4097 per litre on Sunday as disruptions linked to the geopolitical crisis continue to weigh on fuel supplies. The latest figure, compiled from prices reported at more than 8,700 service stations, represents another......

Germany’s regional elections put pressure on Friedrich Merz as AfD gains ground

Germany is holding regional elections in Berlin and Mecklenburg-Western Pomerania on Sunday, putting Chancellor Friedrich Merz and his conservative CDU under renewed political scrutiny. The votes come only weeks after the AfD made a major breakthrough in Saxony-Anhalt, adding to the attention surrounding......

Goldman Sachs warns gasoline prices could surge again worldwide

Global fuel markets could face renewed pressure as disruptions affecting diesel supplies begin to spill over into gasoline markets, with geopolitical tensions and reduced shipping activity through the Strait of Hormuz adding to concerns over energy availability. Goldman Sachs expects gasoline prices......

Morocco announces new 30-day fuel support for road transport operators

Morocco is preparing to roll out another round of exceptional financial assistance for road transport operators, as persistently high international fuel prices continue to put pressure on transport costs and the domestic economy. The Ministry of Transport and Logistics announced Friday that a new direct......

Togo raises fuel prices as shrinking reserves test economic resilience

A sharper fuel-price squeeze is being felt across Togo as rising international oil costs put additional pressure on the government’s ability to cushion consumers. Since September 11, the price of a litre of unleaded petrol in Lomé has risen from 725 to 817 CFA francs, marking the second......

Asian diesel refining margins hit record highs amid rising geopolitical risks

Asian diesel markets are experiencing an exceptional period of volatility as refining margins climb to unprecedented levels, reflecting growing concerns over energy security, supply disruptions and risks to regional shipping routes. Data from the London Stock Exchange Group showed that Asian diesel......

Iran war drives US fuel costs higher, adding pressure on American households

The economic fallout from the war involving Iran is putting additional pressure on American households as disruptions in global energy markets drive up the cost of gasoline and diesel across the United States. According to estimates from Brown University’s Climate and Community Project, US consumers......

Morocco fuel prices set for another rise as diesel remains above gasoline

Fuel prices in Morocco are expected to rise again on Wednesday, with diesel remaining more expensive than gasoline as international oil markets continue to face supply pressures. The expected adjustment comes just two weeks after the previous increase. Diesel prices had already risen by 6 centimes per......