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US diesel prices hit a record high, pushing up transportation costs for a long list of goods

US diesel prices hit a record high, pushing up transportation costs for a long list of goods

Diesel has hit a new record price in the U.S., soaring to an average of $5.85 a gallon for the first time ever
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US to seek back payment from Europe for Ukraine aid, Trump says

US to seek back payment from Europe for Ukraine aid, Trump says

WASHINGTON, Sept 3 (Reuters) - U.S. President Donald Trump on Thursday said he would ask European nations to pay back the United States for military aid and munitions previously sent to Ukraine amid the ongoing war with Russia and appeared to signal a halt in sales to allied nations.
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World food prices at highest since 2022 as supply risks mount, FAO says

World food prices at highest since 2022 as supply risks mount, FAO says

By Gus Trompiz PARIS, Sept 4 (Reuters) - World food prices rose in August to their highest since late 2022, as adverse weather and war disruption in the Black Sea heightened concern over supply of staples, the United Nations' Food and Agriculture Organization said on Friday.
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US diesel prices hit record high as conflicts intensify supply crunch

US diesel prices hit record high as conflicts intensify supply crunch

By Siddharth Cavale NEW YORK, Sept 3 (Reuters) - Average U.S. diesel prices jumped to record highs on Thursday, as a global supply crunch intensified after renewed hostilities between the U.S. and Iran and on disruptions caused by Ukrainian attacks on Russian refineries, a major source of diesel
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Oil settles 1% higher, as US-Iran strikes threaten supplies

Oil settles 1% higher, as US-Iran strikes threaten supplies

By Arathy Somasekhar HOUSTON, Sept 2 (Reuters) - Brent crude prices settled 1% higher in a volatile session on Wednesday, driven by renewed military strikes between the U.S. and Iran that have restricted world oil supply.
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Oil rises 1%, as US-Iran strikes risk limiting already impaired supplies

Oil rises 1%, as US-Iran strikes risk limiting already impaired supplies

By Arathy Somasekhar HOUSTON, Sept 2 (Reuters) - Brent crude prices rose 1% in a volatile session on Wednesday, driven by renewed military strikes between the U.S. and Iran that have restricted world oil supply.
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Turkey's relations with Russia, China don't mean turning its back on the West, Erdogan says

Turkey's relations with Russia, China don't mean turning its back on the West, Erdogan says

Turkish President Recep Tayyip Erdogan says Turkey is not backing away from the West as it seeks deeper ties with the East as he returns from a Shanghai Cooperation Organization summit
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Oil retreats from one-month high as traders weigh supply risks

Oil retreats from one-month high as traders weigh supply risks

By Anushree Mukherjee Sept 2 (Reuters) - Oil prices fell on Wednesday, retreating from more than one-month highs reached earlier in the session, with traders weighing the risk of supply disruptions after overnight strikes by the U.S. and Iran against signs that crude supplies continue to reach the
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Oil rises, as US-Iran strikes risk limiting already impaired supplies

Oil rises, as US-Iran strikes risk limiting already impaired supplies

By Arathy Somasekhar HOUSTON, Sept 2 (Reuters) - Brent crude prices were marginally higher in a volatile session on Wednesday, driven by renewed military strikes between the United States and Iran that have restricted world oil supply.
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Oil prices fall after hitting over one-month high; traders weigh supply risks

Oil prices fall after hitting over one-month high; traders weigh supply risks

By Anushree Mukherjee Sept 2 (Reuters) - Oil prices fell on Wednesday after climbing to more than one-month highs earlier in the session, with traders weighing the risk of supply disruptions following overnight strikes by the U.S. and Iran against signs that crude supplies continue to reach the
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Oil prices steady as traders weigh supply risks

Oil prices steady as traders weigh supply risks

By Anushree Mukherjee Sept 2 (Reuters) - Oil prices were little changed on Wednesday after climbing to more than one-month highs earlier in the session as traders weighed the risk of supply disruptions following overnight U.S. and Iranian strikes against signs that crude supplies continue to reach
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Chevron expanding in Venezuela as Trump deal claims more oil reserves

Chevron expanding in Venezuela as Trump deal claims more oil reserves

Oil giant Chevron is expanding its operations in Venezuela as some details emerge about President Donald Trump's separate deal for a U.S.-controlled joint venture to develop more of the nation's proven reserves