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Deep Dive

Why diesel is soaring

24 September5 min read
Why is diesel soaring? Collage of fuel related images

Diesel used to be the unsexy cousin at the fuel pump — the one that smelled faintly of ferry docks, farm equipment, and long bus-rides to summer camp. No longer.

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  1. 01

    CHINA

    Tarmac time.

    President Trump has personally greeted President Xi on arrival at Joint Base Andrews, in the kind of tarmac gesture not seen (popes aside) since JFK welcomed the UK’s Harold Macmillan in 1962. The substantive White House summit kicks off later today (Thurs) DC time. (BBC)

  2. 02

    AUSTRALIA

    Naughty agents.

    Appearing at the UN in New York, Prime Minister Albanese has revealed that one of OpenAI’s autonomous agents hacked Australia’s public-facing Medicare statistics portal back in June. Canberra only found out via a belated public-mailbox email from OpenAI this month! (ABC)

  3. 03

    UNITED NATIONS

    Gaza invoice.

    Meeting on the UNGA sidelines, President Trump’s Board of Peace has unveiled a six-month, $2.45B starter plan for the reconstruction of Gaza. The 66 projects cover housing, diesel, rubble, UXO clearance, and waste. Longer term, the Board is estimating reconstruction will cost $71B over a decade, with $18B pledged but only $280M handed over so far. (MEE)

  4. 04

    ETHIOPIA

    War, again?

    It looks like the Ethiopian military has slid back into open civil war against Tigrayan forces in the north, four years after signing their peace deal. Each side now blames the other, with Tigray forces already claiming three airports. (NPR)

  5. 05

    ISRAEL

    Arab parties banned?

    Israel’s election committee has moved to ban the country’s main Arab parties from next month’s high-stakes vote, in response to a petition from hardline members of Netanyahu’s ruling coalition. The Supreme Court is expected to overturn for lack of evidence of a breach (like incitement to racism or support for armed struggle against Israel). (Bloomberg $)

  6. 06

    CENTRAL AFRICAN REPUBLIC

    Hague hammer falls.

    International Criminal Court (ICC) judges have convicted former Séléka commander Mahamat Said of crimes against humanity perpetrated at an infamous detention centre in Bangui — that’s the capital his predominantly Muslim coalition briefly held after mounting a 2013 coup, escalating a sectarian war until a regional intervention in 2014. (ICC)

  7. 07

    RUSSIA

    Plus-one for Miami.

    Secretary of State Rubio has confirmed the White House has invited Vladimir Putin to December’s G20 summit at a Trump resort in Miami. (Moscow Times)

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