@thetruism · 13d ago
US diesel prices hit record $5.85 a gallon amid Iran war
Average retail diesel prices in the United States have reached an all-time record of $5.85 per gallon. The surge is driven by the ongoing war in Iran, threatening to raise transportation and supply costs for a wide range of goods.
Not moving quickly right now, but still current and open to further updates.
Location & context
United States
Business developments in United States
- US retail diesel prices reached an all-time record of $5.85 per gallon.
- The energy price surge is driven by the ongoing military conflict in Iran.
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- How long the conflict in Iran will continue to impact global and domestic energy markets.
- The extent to which these energy costs will feed into broader US inflation and influence the upcoming midterm elections.
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