Diesel Prices in US Exceed $6.50
Oil prices decline to their lowest level in more than a week, supporting Asian stock markets amid volatility caused by geopolitical risks such as the Strait of Hormuz crisis, which delays gas projects in Qatar. Meanwhile, gold prices rise in the UAE, with 24K gold costing 527.50 dirhams, and diesel prices in America continue to exceed $6.50 per gallon for the first time. In Bangladesh, the cost of oil is being passed on domestically, putting pressure on prices, while France continues to exclude tax cuts on fuel despite record-high prices. Additionally, China is projected to see the launch of 7 million new single-person companies by 2025.
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