For four consecutive days, oil markets have climbed as the widening conflict between the United States and Iran reminds the world how fragile the arteries of global commerce truly are. A missile strike near Kuwait — a region where vast quantities of the world's energy pass through narrow maritime corridors — was enough to send traders recalibrating the price of risk itself. Diesel, the fuel that moves goods and sustains livelihoods, now hovers near its all-time high, translating geopolitical tension into costs felt by ordinary people far from any battlefield. The deeper question is not what th
Oil Surges Fourth Consecutive Day as Iran Tensions Escalate, Diesel Hits Record
War & Conflict