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Keywords: Gasoline prices
US President Donald Trump has attributed the recent rise in American gasoline prices to disruptions affecting oil refining capacity, particularly Ukrainian attacks on Russian energy facilities and refinery closures in Democratic-led US states. His comments come as fuel costs become an increasingly sensitive......
A potential US restriction on diesel exports could initially ease domestic diesel prices but eventually push gasoline prices higher, according to an analysis by Goldman Sachs, highlighting the complex effects that an export ban could have on the US refining system and global fuel markets. The scenario......
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......
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......
Producer-level inflation in the United States slowed in July 2026, suggesting that some cost pressures facing businesses have eased, particularly as energy prices declined. However, underlying inflation remained relatively firm, keeping monetary policy and interest-rate expectations in focus. According......
Canada's inflation rate slowed more than economists anticipated in June, offering households and policymakers a short-lived reprieve as falling gasoline prices helped ease overall consumer price growth. According to newly released data from Statistics Canada, the country's annual inflation rate......
The French government has announced that payments for its “heavy drivers” fuel assistance scheme will begin on Wednesday, following delays caused by a high volume of applications. The measure aims to support households heavily dependent on car travel amid rising fuel prices linked to global......
California gasoline prices have surged past six dollars per gallon as the conflict involving Iran, Israel, and the United States disrupts global energy supply chains and reshapes fuel production priorities in India. The crisis has linked cooking gas shortages in South Asia to mounting pressure on American......
Six weeks into the U.S.-led military campaign against Iran, the economic fallout is accelerating. The closure of the Strait of Hormuz, a strategic passage through which roughly 20% of the world's oil supply flows, has sent crude prices surging, pushed U.S. gasoline to its highest level in nearly......