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President Trump said Russia has lost control of its diesel industry because of the Ukraine war, as U.S. diesel prices hit a record $6.51 per gallon. The article notes Russia's diesel export ban and reciprocal strikes on Ukraine's energy industry, and previews Trump's expected meeting with Zelensky at the UN.
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Trump declared that Ukraine's strikes have crippled Russia's diesel industry while urging Zelensky to halt attacks on Russian refineries, even as US diesel prices hit a record high due to the Iran conflict. The article reports that Ukrainian officials contradicted Trump's claimed truce and that the fuel spike is becoming a political problem for Republicans before the midterms.
New York PostSig. 7NewsPoliticsForeignEnergy
President Trump called for an end to Russia's war in Ukraine, citing Ukrainian drone strikes on Russian diesel refineries and record U.S. diesel prices. He is scheduled to meet Ukrainian President Volodymyr Zelensky at the United Nations General Assembly.
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The article argues that the Houthis' renewed offensive in Yemen is a spillover from Trump's war with Iran, which has strengthened Iran's allies and disrupted global energy routes. It criticizes Trump's decision to attack Iran as catastrophic while crediting him for avoiding direct US strikes on the Houthis.
The article examines how local opposition to data centers has become a cross-partisan political force, with residents and officials clashing over noise, tax revenue, transparency, and AI's rapid growth. It highlights examples from Loudoun County, Virginia, where Democrats disagree over development, and notes national polling showing broad opposition to new data centers.
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Oil prices fell for a fourth straight session as improved traffic through the Strait of Hormuz and prospects for renewed diplomacy over the Iran conflict reduced supply risk. Brent and WTI both dropped in early European trading.
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Record diesel prices, driven by disruptions from the U.S.-Israel war with Iran, are squeezing farmers during harvest. John Boyd Jr. of the National Black Farmers Association describes paying about $7 a gallon and shifting money from other farm expenses to fuel. He warns many Black farmers are at risk and says the administration has offered no help.
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Shipping data shows a sharp decline in vessels transiting the Strait of Hormuz amid ongoing Middle East tensions and a US-Iran stalemate. Saudi crude exports have partially recovered by routing more oil through Hormuz after Houthi attacks disrupted the East-West pipeline.
Wall Street JournalSig. 7NewsEnergyConflictEconomy
A shortage of oil tankers, worsened by drone attacks on a Saudi pipeline and more crude moving through the Strait of Hormuz, is pushing shipping rates to records. The logistics crunch could keep gasoline prices high even as crude prices fall.
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Alberta will hold a vote next month on a possible referendum that could lead to the province breaking away from Canada. Alberta is a major supplier of oil and natural gas to the U.S.
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A 60 Minutes transcript examines the nationwide backlash against data centers, focusing on Texas residents who worry about water, power, land, noise, and local-government secrecy. It also presents industry arguments about AI benefits, national security, economic gains, and water-use comparisons.
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A Texas county commissioner says a data center developer pitched big benefits while withholding specifics and requesting up to 90% property-tax rebates, as local resistance to data centers grows over transparency, water, and power costs. The report describes the AI-driven data center boom and notes both parties are increasingly questioning incentives and grid impacts.