Diesel prices in the United States have smashed through records, topping $6.31 a gallon nationally as of September 16, 2026. Truckers, farmers, and households feel it immediately. Heating oil, chemically similar to diesel, is following the same path. With midterms weeks away, the political pressure is intense. Senate Majority Leader John Thune said he is […]
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On September 16, 2026, European Commission President Ursula von der Leyen used her State of the Union address in Strasbourg to invite Canada to become the European Union’s first “associate member.” Canadian Prime Minister Mark Carney sat in the front row as guest of honor. The chamber gave him a standing ovation. Von der Leyen […]
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The question in Washington is whether President Trump will treat that extra Russian oil as a problem to sanction—or as barrels he can use to keep gasoline and diesel from becoming a midterm disaster. That is the market story of September 15, 2026. It is also a political story. Prices jumped because Saudi’s safety valve […]
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American oil executives have spent months warning that a prolonged disruption of the Strait of Hormuz would eventually produce a fuel crisis rather than a simple crude shortage. They now say that moment has arrived. Commercial inventories of gasoline, diesel, and jet fuel have been drawn down for more than six months. Strategic crude reserves […]
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NASA fire-detection satellites and open-source thermal data captured two intense fires at the Aramco complex in Yanbu on Saudi Arabia’s Red Sea coast, each radiating roughly 40 megawatts of heat—far above the 5–10 megawatts typical of a routine flare. The detections, highlighted in reporting shared by Chris Martenson quoting Mario Nawfal, come as Yanbu has […]
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Oil prices jumped more than 3% in early Asian trading Monday as weekend attacks by Yemen’s Iran-aligned Houthis and strikes in the Strait of Hormuz compounded an already fragile supply picture. By mid-session, Brent was trading near $107–$109 a barrel and WTI around $102–$104, levels last seen in the spring. The immediate catalyst was a […]
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President Donald Trump on Sunday called on Ukrainian President Volodymyr Zelenskyy to halt strikes on Russian oil refineries that produce diesel, arguing the attacks are driving a global fuel shortage and record U.S. prices just weeks before the November midterm elections. Speaking to reporters on the sidelines of the Amgen Irish Open at his Doonbeg […]
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The Middle East energy map tightened sharply over the past week even as China resumed heavier crude buying. Houthi forces seized key Red Sea positions including Mocha and Perim Island, tightening control over the Bab el-Mandeb Strait and targeting Saudi-linked vessels. Drones originating from Iraq struck Saudi Arabia’s East-West pipeline, prompting a precautionary shutdown of […]
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Russian forces launched another large missile-and-drone barrage on Ukraine’s Odesa region overnight September 11–12, 2026, hitting residential buildings, energy infrastructure, and the port complex that once moved the bulk of Ukraine’s grain and oilseed exports. Ukrainian officials reported at least 11 people killed and 96 injured nationwide, including a five-month-old infant in Odesa. Air defenses […]
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The Federal Reserve can raise rates. The Treasury can issue bills. Neither institution can weld a crude distillation unit back together after a drone strike, add inches to a California products pipeline, or refill Gatun Lake. That is the story of September 2026: crude is still findable; diesel is not. The constraint has moved downstream, […]
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