Diesel hits record $5.85 as Ukraine's drone war cripples Russian refineries
Ukraine's strikes have knocked out 40% of Russia's refining capacity, sending diesel prices to all-time highs and threatening global supply chains.

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18 briefings · “markets”
Ukraine's strikes have knocked out 40% of Russia's refining capacity, sending diesel prices to all-time highs and threatening global supply chains.
The ride-hailing giant and a British AI upstart are entering a major autonomous market. Here's the strategy behind the test and what it signals for the industry's global rollout.
The first U.S.-Iran strikes in a month pushed crude to $90 a barrel, and American drivers are feeling it at the pump.
The city's two-year-old push to become a global gold trading centre is winning over critics, thanks to its unique position and China's appetite.
With oil exports down 80% and inflation above 80%, Tehran's moderates are signaling cracks - here's the strategic fallout for energy markets.
The CEO's secretive in-house casting operation could reshape power markets, yet the fuel source is drawing legal and health scrutiny.
A federal appeals court just handed prediction markets a win, but a rival ruling means the Supreme Court will likely decide the fate of the $100 billion industry.
The surprise deal, brokered by Rubio and Hegseth, could reshape global oil markets - but key terms remain unclear.
A federal appeals court just classified prediction markets as gambling, contradicting an earlier ruling and pushing the fight to the Supreme Court - here's what it means for the industry.
With inflation at 3.7% and financial conditions not restrictive enough, the Fed chair is signaling that rate hikes may be back - and the next meeting is weeks away.
Former Fed governor Kevin Warsh's latest remarks hint at a more hawkish pivot, raising stakes for investors and borrowers.
The Chinese EV giant's latest earnings reveal a strategic pivot: as domestic price wars bite, international markets are now the profit engine. Here's what that means for the global EV race.