US Diesel Prices Climb to Highest Since Mid-2022

In June, India turned to its 35 million-strong diaspora to help stem a sharp decline in the rupee.

Ukrainian President Volodymyr Zelenskyy dismissed a department head at the country’s security service following a shootout between officers from two rival intelligence agencies on the streets of Kyiv on Wednesday.

India drew a record $127 billion from its vast diaspora, surpassing even the most optimistic estimates and giving policymakers a bigger war chest to defend the currency.

Taiwan has proposed more than $13 billion in funding, mainly for its state-run energy companies, to secure liquefied natural gas and shield electricity users when a price freeze expires at the end of the month.

US retail diesel prices hit the highest since mid-2022, topping a peak seen during the early stages of the Iran war to approach a record.

President Donald Trump’s defense and trade policies are prompting the Philippines to look beyond its longstanding alliance with the US and build ties with non-traditional partners, Manila’s top diplomat said.