U.S. Diesel Prices Hit Record High Amid Iran Conflict and Export Ban Concerns

U.S. diesel prices have surged to $6.53 per gallon, a 74% increase since the onset of the Iran conflict, raising concerns over supply constraints and potential impacts on gasoline prices.

Read story

Latest

Companies · 1 month ago Utorg Introduces Utapp Crypto Wallet and Card for iOS Users Utorg has launched its Utapp crypto wallet and card for iOS, enhancing its consumer product offerings and enabling users to manage digital assets more effectively. Compliance · 1 month ago Anthropic Launches In-House Chip Development Amid Rising Compute Costs Anthropic has announced the formation of an in-house custom silicon team to design proprietary AI chips, aiming to reduce its substantial compute costs, which are projected to hit $19 billion in 2026. Markets · 1 month ago Anthropic Assembles Custom Silicon Team to Enhance AI Chip Development Anthropic is forming an in-house custom silicon team to design AI chips tailored for its Claude models, following a trend among leading AI labs. Markets · 1 month ago Team Vitality Exits 2026 Esports World Cup as Legacy and Team Spirit Advance Team Vitality has been eliminated from the 2026 Esports World Cup in Paris, while Legacy and Team Spirit secure their spots in the semifinals following significant victories. Markets · 1 month ago Arsenal Begins Premier League Title Defense with 2-0 Victory Over Coventry City Arsenal launched their Premier League title defense with a convincing 2-0 win against Coventry City at the Emirates Stadium, featuring goals from Kai Havertz and Bukayo Saka. Policy · 1 month ago Ray Dalio Warns of US Debt Crisis, Advocates for Bitcoin and Gold as Hedge Ray Dalio cautions that the US could face a significant debt crisis in three years without fiscal reforms, promoting Bitcoin and gold as potential hedges against rising government debt. Security · 1 month ago Iran and Iraq Formalize Security Cooperation with New Memorandum of Understanding Iran and Iraq have signed a joint security memorandum in Baghdad, focusing on intelligence sharing and border patrols to enhance security along their shared border. Spot & ETFs · 1 month ago SEC Initiates Comment Period for Cboe's 3x Bitcoin and Ethereum Futures ETFs The SEC has opened a public comment period for Cboe BZX Exchange's proposal to list six 3x leveraged Bitcoin and Ethereum futures ETFs, allowing stakeholders to provide feedback on the products. Hacks & Exploits · 1 month ago Apollo Global Management Confirms Cyber Breach Exposing Personal Data Apollo Global Management has reported a cyber breach that exposed sensitive personal information, including Social Security numbers, from July 6 to July 10, 2023. The firm is offering identity protection services to affected individuals. Stablecoins · 1 month ago USDT Deposits on Aave V3 Surge by $526M Amid Growing DeFi Lending Demand Tether's USDT deposits on Aave V3 have increased by $526 million over the past three months, reflecting a strong demand for stablecoins in decentralized finance. Companies · 1 month ago North Korea Sends Drone Operators to Support Russia in Ukraine Conflict Kiev reports that North Korea is sending drone operators to assist Russia in its ongoing conflict with Ukraine, marking a significant escalation in military support. Policy · 1 month ago Coinbase CEO Armstrong Optimistic About Clarity Act Ahead of Critical Senate Vote Coinbase CEO Brian Armstrong expresses confidence in the Clarity Act's passage as the U.S. Senate prepares for a key vote on September 15, potentially reshaping crypto regulation in the country.