Fuel Tax Changes Hit Six States As Energy Inflation Accelerates | EN590 Commodities
EN590 Commodities GroupEN590 / Diesel June 14, 2026
UK Sets January 2027 Deadline for Ban on Fuel Made From Russian Crude Kazakhstan auctions 30 exploration blocks… Financial markets are increasingly pricing… Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. Oil markets extended their decline on Friday, with crude prices falling sharply after U.S. President Donald Trump said a peace agreement with Iran was close and canceled previously threatened military strikes. Brent crude slipped below $90 per barrel, trading around $88–$89, while WTI fell to roughly $85–$87, as traders priced in the possibility of de-escalation in the Middle East and a potential reopening of the Strait of Hormuz. The decline allowed motorists to enjoy some reprieve at the pump, withnational average gas pricesfalling to $4.15
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