Washington's diesel push rattles allies and markets | Reuters Morning Bid

World Pulse News
World Pulse News
Oct 12, 2026  #News #Newsfeed

The Trump administration's weekend moves to ease diesel prices - including a waiver on Russian fuel imports and claims of an energy ceasefire in Ukraine - have confused allies and surprised Kyiv. Meanwhile, Houthi strikes on Riyadh airport intensify, the IMF kicks off its annual meetings in Bangkok, and US bank earnings season gets underway alongside a fresh inflation reading.

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