The average price of U.S. gasoline fell below $4 a gallon on Thursday for the first time in months, after Iran and the United States signed a preliminary agreement to cease hostilities for 60 days and reopen the Strait of Hormuz. The national average for a gallon of regular gasoline fell to a fraction of…
The price of diesel has risen much more quickly than gasoline as the U.S.-Israeli war with Iran has choked global oil supplies. That could have severe consequences for the diesel-dependent transportation industry. Since the war began on Feb. 28, the average price of a gallon of diesel has gone up about 45 percent, while a…
The price of regular gasoline in the United States jumped 25 percent from February to March, the highest monthly percentage increase on record, according to data from the Energy Information Administration. The surge highlighted how quickly the U.S.-Israeli war with Iran, now in its sixth week, has echoed through daily life across the world. The…
Shorouk Express Economy Materials 11 November 2025 14:53 (UTC +04:00) Iran’s Abadan Refinery is set to boost its Euro 4 gasoline production by 66%, with plans to increase daily output from 1.5 million to 2.5 million liters. This operational enhancement is part of ongoing efforts to improve environmental standards at the refinery, located…
