Timelines
How the main stories unfold, day after day: each timeline gathers the articles about one event, with a summary.
- Trump's executive order on red-dyed diesel will offer little relief, farmers and truckers say
President Trump signed an executive order aimed at bringing down diesel prices by easing restrictions on red-dye diesel, and a major fuel industry group warned truck stops nationwide to 'proceed with caution'. Farmers, truckers and economists say the move to cut taxes on diesel will provide little relief from record-high fuel prices that have soared since the U.S. attacked Iran months ago. According to economists cited by Fortune, the order only defers a 24.4-cent federal tax on $6.20-a-gallon diesel, adds no new supply and could raise prices for farmers.
- Pakistan provides fuel aid to over 9 million low-income people as Middle East war drives up energy prices
Pakistan's government is providing fuel subsidies to over 9 million low-income people. The aid comes as the U.S.-Iran war drives up energy prices.