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Finance & Markets

Diesel prices at record highs amid Strait of Hormuz disruption, Russia-Ukraine war

The average price for a gallon of diesel was still hovering around a record-high of $6.43 as of Friday morning, according to the latest data published by GasBuddy.

Diesel prices at record highs amid Strait of Hormuz disruption, Russia-Ukraine war

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IMF warns financial shocks alone do not justify FX intervention

The International Monetary Fund (IMF) has cautioned that evidence of financial shocks in foreign exchange markets does not, on its own, justify central bank intervention, stressing the need for a…

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