Diesel prices in the U.S. have surged to $6.05 per gallon, up 60% year-over-year, threatening to increase consumer costs as businesses absorb higher energy expenses. Yemen's Houthis have captured key Red Sea ports and islands, strengthening their control of vital shipping routes and prompting Saudi Crown Prince Mohammed bin Salman to urge President Trump to take military action, though Trump has offered only intelligence support. Iran is meeting with Gulf states in Oman to discuss control of the strategic Strait of Hormuz, which it has blockaded during the ongoing conflict that has pushed oil prices above $105 a barrel.