Diesel skyrockets 14.9 cents overnight, doubling rise in a week
Posted Mar 7, 2026 08:34:37 AM.
Last Updated Mar 7, 2026 11:43:27 AM.
The interrupters clause has been used for the second time since the war was launched in Iran, sending diesel prices flying up to levels well above two dollars a litre.
On Friday afternoon, the Nova Scotia Energy Board used the clause to raise diesel prices to 216.4, a 14.9 increase in one day.
Although the provincial regulator normally makes fuel price changes every Friday, this steep decision comes just two days after it invoked the interrupter clause to hike prices due to the global market price of oil.
Prices in Nova Scotia have skyrocketed, up 33 cents in a week.
With the pain already being felt on Wednesday, Nova Scotians watched as gas prices went up by nearly 9 cents and diesel prices by 7.6 cents.
In total, Halifax gas prices have risen nearly 15 cents since midweek.
At this time in 2025, gasoline prices in Nova Scotia were set at 157.9, and diesel was 185.9.
The latest in Iran
Iran’s president rejected a demand by the United States for an unconditional surrender on Saturday and apologized for Iran’s attacks on regional countries, as Israel and the United States kept up their airstrikes targeting the Islamic Republic.
Gulf countries say they have intercepted more ballistic missiles and drones launched from Iran.
Saudi Arabia said it stopped four drones attacking the country’s massive Shaybah oil field, the second attack within hours. Flights in and out of Dubai International Airport were interrupted after passengers were ushered down into train tunnels as several blasts were heard and the alert sounded.
Meanwhile, Israeli warplanes hammered Beirut and Tehran. Death toll continued to rise Saturday with at least 1,230 people killed in Iran, more than 200 in Lebanon and around a dozen in Israel, according to officials. Six U.S. troops were reported killed.
U.S. President Donald Trump’s administration approved a new $151 million arms sale to Israel after Trump said he would not negotiate with Iran without its “unconditional surrender.”
With files from The Associated Press.
