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Twelve vessels transit Strait of Hormuz
Diesel prices in the United States have risen to exceed $6.50 per gallon for the first time, reflecting increased fuel costs and their impact on the economy. This surge comes amid a decline in global oil prices, which have fallen to their lowest level in over a week, supporting Asian stock markets and adding pressure on consumers and businesses. Meanwhile, countries such as Qatar and France continue to discuss the effects of rising fuel prices on the economy and tax policies, with some markets experiencing a slowdown and expectations of ongoing price fluctuations.
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