← Back to headlines
Oil Prices Continue to Surge Amid Middle East Crisis, Diesel Outpaces Gasoline
Oil prices are increasing due to the ongoing Middle East crisis and fears of prolonged conflict, with concerns about potential retaliatory strikes on energy facilities further rattling markets, leading to diesel becoming more expensive than gasoline.
22 Mar, 22:37 — 23 Mar, 08:14
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)3 sources25/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left2
Left (2)
inquirerrnz
Center1
Center (1)
ruv
Right
Far R
Geographic diversity— 3 regions13/34
Philippines1Iceland1New Zealand1
Sources
Showing 2 of 3 sources
rnzHigh3h ago
Live: Oil prices rise as fall out from Middle East crisis continues
The prospect of tit-for-tat strikes on energy facilities could deepen the regional crisis and rattle markets.
Read full article →inquirerMostly Factualjust now
OIL PRICE WATCH as of March 23, 2026
Diesel is becoming more expensive than gasoline these days. This observation is different from what has been experienced by motorists for the longest time in the past when diesel was always cheaper than gasoline. Since war in the Middle East broke out on Feb. 28, diesel prices have risen by as much as P49 per
By arlenelim
Read full article →Coverage Timeline
First report: rnz · 22 Mar, 22:37|Full coverage: 3 · 10h|Window: 10h
Left-leaningCenterRight-leaning
Related Stories
Spiking Gas Prices Threaten to Consume US Tax Refunds
4m ago
Foreign Investors Pull Out of Indian Markets Amid Middle East Tensions and AI Concerns
12m ago
Asian Stock Markets Plunge, South Korean Won Hits 17-Year Low Amid Trump's Iran Ultimatum
13m ago
Malaysia's Fuel Subsidy Bill Soars Amid Iran War
23m ago