Mmastodon BusinessEconomy first seen 2 d ago, last 1 d ago, peak #8
US fuel prices jump while Treasury licenses Russian diesel
Original: US gasoline +34% in a year, heating oil +74%, headline inflation 3.7% (BLS, Oct 14). Oct 9: Treasury's General License 1
US gasoline prices are up 34% year over year and heating oil 74%, with headline inflation at 3.7%, according to BLS figures dated October 14. Separately, on October 9 the Treasury issued General License 135 allowing Russian diesel to be sold, including into the US, until April 2027. Critics argue the license shows US sanctions bending under pressure from high pump prices, benefiting Moscow and new buyers.
Why now: Soaring fuel prices and a Treasury carve-out for Russian diesel have raised questions about whether sanctions policy is being softened to ease energy costs.
US TreasuryRussiaBureau of Labor StatisticsMoscow
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