https://www.live-feeds.com/feed/diesel-prices-push-to-new-all-time-high-as-oil-prices-jump-after-key-saudi-pipeline-shutContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/diesel-prices-push-to-new-all-time-high-as-oil-prices-jump-after-key-saudi-pipeline-shuthttps://www.live-feeds.com/feed/diesel-prices-push-to-new-all-time-high-as-oil-prices-jump-after-key-saudi-pipeline-shut#u69976Wed, 16 Sep 2026 07:45:19 +0000Diesel prices reached a record weekly high and are on a credible path to surpass the annual average set in 2022. Global oil benchmarks climbed as West Texas Intermediate rose 3.00% to $104.43 and Brent hit $107.90 following escalating Middle East supply threats. Saudi Arabia canceled European cargoes with 4 million barrels a day at risk as Houthis seized Bab el-Mandeb islands. Meanwhile, Russian seaborne exports averaged 3.54 million barrels a day amid supply tightening and a United States blockade, lifting Russian export revenues as trade routes shift.Why it mattersThe surge in fuel costs ref https://www.live-feeds.com/feed/diesel-prices-push-to-new-all-time-high-as-oil-prices-jump-after-key-saudi-pipeline-shuthttps://www.live-feeds.com/feed/diesel-prices-push-to-new-all-time-high-as-oil-prices-jump-after-key-saudi-pipeline-shut#u68850Tue, 15 Sep 2026 10:21:35 +0000Diesel prices reached a new all-time high following a jump in global oil prices. The surge in energy costs was triggered by drone attacks that forced Saudi Arabia to shut down its vital East-West pipeline. Additional strikes in Saudi Arabia and the Strait of Hormuz further stoked supply fears and pushed oil prices up by more than $3. Market analysts and investors are closely monitoring the Middle East conflict as energy supplies face mounting disruptions. Stocks also fell as traders weighed rising oil prices against broader economic pressures and upcoming central bank decisions.Why it mattersT