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Global Diesel Prices Cross $140 Per Barrel, Highest Level Since 2022 Energy Crisis

International diesel prices have surged past $140 per barrel, reaching levels not seen since the global energy shock triggered by the Russia–Ukraine War. The sharp rise signals renewed pressure on global fuel markets and raises concerns about potential economic ripple effects across multiple sectors. According to market data compiled by Topline Securities, diesel prices had […]

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Global Oil Prices Plunge After Trump Signals Possible De-Escalation in Middle East Conflict

International oil prices witnessed a sharp decline after Donald Trump hinted at a possible “conditional de-escalation” from the ongoing conflict involving Iran. The remarks triggered immediate reactions in global energy markets, leading to a significant drop in crude oil benchmarks. At the time of reporting, Brent Crude had fallen by 7.62 percent, dropping $7.54 to […]