Trump Expands Access to Tax-Free Diesel as Fuel Prices Surge
U.S. President Donald Trump on Monday signed an executive order to expand access to tax-exempt diesel as soaring fuel prices raise concerns ahead of the November 3 midterm elections. Diesel prices reached a record...
US Pressures Europe to Release Diesel Reserves or Face Export Ban
The Trump administration has urged Germany and France to release emergency diesel inventories to help ease global fuel prices, warning that the United States could consider restricting diesel exports if Europe does not act,...
Brazil May End Fuel Subsidies as Oil Prices Ease
Brazil could phase out its emergency fuel subsidies if global crude oil prices stabilize around $80 per barrel, according to Finance Ministry Executive Secretary Rogerio Ceron. Speaking to Reuters, Ceron said recent progress toward...