China halts oil exports, fears of major crisis in Asia

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US is pressuring Europe to release diesel stockpiles

Diesel prices in the United States have now increased by about 70 percent. This instability in the fuel market has started since the start of the war in Iran. Diesel is being sold for $6.39 per gallon in the country, which is about $1.50 per liter. Due to this abnormal increase in fuel prices, the prices of common goods are also increasing sharply. As a result, analysts believe that Donald Trump`s Republican Party is rapidly losing popularity.

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US is pressuring Europe to release diesel stockpiles

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China halts oil exports, fears of major crisis in Asia

Europe has agreed to release large amounts of diesel

US wants to avoid major disruption in global energy markets

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