U.S. diesel prices hit $6 per gallon on Friday for the first time ever, as fuel supply disruptions triggered by the Ukraine and Iran wars raises transportation costs across the entire economy. Truckers and farmers are paying about 63% more to fill up their semis and tractors than they did at this time last year,…
The price of diesel fuel hit a record Friday as the wars in Ukraine and Iran knock out refineries, triggering a global supply crunch. Truckers in the U.S. are paying an average of $5.85 a gallon nationwide, a nearly 60% increase over the same period last year when diesel cost $3.71 a gallon. In California,…
Russian President Vladimir Putin suggested Thursday that there is a “chance” at “peace” with Ukraine, but repeated that Kyiv’s warnings to airlines to avoid Russian airspace amounted to “state terrorism.” “Ultimately…the problem must be resolved by the countries involved in the conflict – Russia and Ukraine,” he said in translated remarks at the Eastern Economic…
Former Ukrainian Defense Minister Mykhailo Fedorov is launching a defense technology company backed by Palantir CEO Alex Karp, as the former government official looks to turn Ukraine’s wartime technology experience into products for Kyiv and its allies. Karp is set to become the company’s first lead investor, according to Fedorov’s press office. The size of…
BISHKEK, KYRGYZSTAN – AUGUST 31: Russian President Vladimir Putin (R) istens to Indian Prime Minister Narendra Modi (L) during the Shanghai Cooperation Organization Summit on August 31, 2026 in Bishkek, Kyrgyzstan. Contributor | Getty Images News | Getty Images Indian Prime Minister Narendra Modi has urged Russia to end the Ukraine war and for a…
Treasury Secretary Scott Bessent and Russian Finance Minister Anton Siluanov at the G20 Finance Ministers Meeting in Asheville, N.C. on Aug. 31, 2026. Courtesy: U.S. Treasury Department U.S. Treasury Secretary Scott Bessent reportedly told Russian Finance Minister Anton Siluanov that no sanctions relief or new agreements with Moscow were possible, as long as the war…
Smoke rises from a fire at a large warehouse storing car tires and wheels following a Russian strike in the Bucha district on August 29, 2026 in Kyiv, Ukraine. Libkos | Getty Images News | Getty Images Russia’s Defense Ministry said it is planning “massive strikes” on Ukraine’s energy infrastructure, days after launching a devastating…
Supporters of the ‘No’ campaign display a banner during a rally against reopening Iceland’s European Union accession negotiations in Reykjavik, Iceland, on August 27, 2026, two days ahead of a national referendum. (Photo by Jonathan NACKSTRAND / AFP via Getty Images) Jonathan Nackstrand | Afp | Getty Images Icelanders voted to reject resuming talks to…
A view of a destroyed building of a research institute following an attack, which local Russian-installed officials called a Ukrainian strike, in Donetsk, Russian-controlled Ukraine, on August 26, 2026, amid the ongoing Russian-Ukrainian conflict. Stringer | Afp | Getty Images Russian forces have intensified attacks within Ukraine’s so-called “fortress belt” of industrial cities in the…
Director of the Central Intelligence Agency (CIA) John Ratcliffe speaks to the press during the press conference held by the United States President Donald Trump in the James S. Brady Press Briefing Room at the White House on April 6, 2026, in Washington DC, United States. (Photo by Celal Gunes/Anadolu via Getty Images) Anadolu |…
