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Oil prices are surging again this morning. Renewed fighting in the Middle East is putting
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even more pressure on global energy supplies. Brent crude, the global benchmark, traded above
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$108 a barrel, with the U.S. benchmark around $103. The latest jump comes after attacks forced
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Saudi Arabia to shut down its key east-west oil pipeline, an important alternative with shipping
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through the Strait of Hormuz, already severely disrupted. Iran-backed Houthi rebels in Yemen have
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launched new attacks on Saudi Arabia and seized territory along another critical Red Sea shipping
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route. Gas prices also remain high, with diesel at a record $6.23 a gallon today, according to
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AAA. But President Trump says the Middle East isn't responsible for the diesel shortage
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Mr. Zelensky has to do one thing. He has to stop knocking out diesel fuel in Russia
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Let him go after targets, but not diesel fuel, because he's causing a shortage of diesel fuel
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This isn't done by the Middle East. This is done by what's happening with Russia and Ukraine
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Meanwhile, a diplomatic effort to ease pressure on another key shipping route is now on hold
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A planned meeting between Iran and Gulf states over shipping through the Strait of Hormuz has
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been postponed, with Iran saying Saudi Arabia requested the delay. No new date has been announced