September 21, 2026
United States:
US Diesel Tops Record $6.50 as Global Crunch Feeds Inflation
US retail diesel prices topped $6.50 a gallon for the first time, extending a war-driven rally that’s rippling through the largest economy.
Average nationwide prices rose to $6.51 a gallon, according to figures from the American Automobile Association. The pace of increases has accelerated in September — gaining more than 87 cents so far this month — with prices rising almost every day and surging beyond the peak set in 2022.
Europe:
German Economy to Gain Momentum Toward Year-End, Bundesbank Says
The German economy is set to lose momentum in the third quarter due to temporary factors before picking up steam again toward year-end, the Bundesbank said.
Following growth of 0.3% or more in each of the first two quarters, gross domestic product will expand only “slightly” between July and September, it said in its monthly report on Monday.
Asia:
India’s Surprise Growth Market Is China But Trade Deficits Swell
India is selling more manufactured goods to China, with electronics emerging as a bright spot in a trade relationship that remains overwhelmingly tilted in Beijing’s favor.
Indian exports to China rose almost 40% in the five months through August, an analysis of government data shows, with electronics and engineering goods among the biggest drivers.
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