Trump’s Diesel Deal Has No Winners
Trump’s diesel deal won’t lower prices, help Ukraine, or boost Moscow’s war budget.
Foreign Policy · 2m
Trump's Red-Dye Diesel Plan Flaw
Trump's diesel tax deferral for truckers won't add fuel supplies as prices remain high.
Foreign Policy · 1m
Oil Flows Out of Hormuz
Crude oil returns to prewar levels as refined products lag.
Foreign Policy · 1m
Trump Tariffs Likely to Fail in Court
Trump’s global tariffs face legal defeat again as courts reject his trade policies.
Foreign Policy · 1m
Trump Wants to Ban Diesel Exports. It Won't Help.
A proposed ban on U.S. diesel exports would backfire, raising prices globally and cutting refinery output when the world needs more fuel.
Foreign Policy · 2m
The Fed Bucks Trump and Raises Interest Rates
War-fueled inflation remains too high, the U.S. central bank said, requiring the first hike in three years.
Foreign Policy · 2m
Don't blame Ukraine for $4.29 gas
Washington says Kyiv's drones are why you're paying record prices, but the numbers point at a war the U.S. started.
Foreign Policy · 2m