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2026-10-06T12:28:33.081Z

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Syrian Aviation to Expand to 25 Stations by 2026

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Dubai consolidates its role in global content and creativity

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14 Hrs2026-10-06T06:08:13.920Z
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Gold steadies amid rising dollar and yields

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Trump to expand diesel tax exemptions

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23 Hrs2026-10-05T21:11:00.000Z
Trump to expand diesel tax exemptions
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Trump approves dyed diesel use to cut fuel costs

Trump approves dyed diesel use to cut fuel costs

President Donald Trump has approved the use of dyed red diesel, a cheaper type typically used in agricultural and construction operations, in an effort to ease the soaring fuel costs that have reached record levels in the United States. He issued a temporary executive order allowing drivers, trucks, and farmers to use this type of diesel on public roads, with tax collection on it postponed until the end of 2026, saving users over $100 on each fill-up. This move comes as the average diesel price across the country has surpassed $6 per gallon for the first time, due to global supply disruptions caused by conflicts in Ukraine and Iran, rising transportation costs, and shortages of supply and refining capacity that have contributed to the price hikes. The directive also includes delaying federal taxes on highway diesel until the end of 2026 to help families cope with increasing economic burdens.

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