Record US Diesel Prices Squeeze Farmers and Threaten Higher Food Costs

Record US Diesel Prices Squeeze Farmers and Threaten Consumer Food Costs U.S. farmers face operational hurdles during peak harvest season as national diesel prices average $6.29 per gallon, marking a … Read More

Oil Prices Steady as Investors Weigh Expanded US Sanctions on Iran

Oil prices steadied on Tuesday, trading near $92.16 a barrel for Brent crude futures and $85.02 for U.S. West Texas Intermediate (WTI), after suffering a decline of more than 2 … Read More

Strait of Hormuz Shipping Traffic Plummets Amid Escalating Hostilities

Amid ongoing Middle Eastern hostilities and a persistent stalemate in peace negotiations, commercial operators continue to steer clear of the vital energy corridor, severely squeezing global shipping lanes and supply … Read More