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The national average price of diesel fuel in the U.S. has reached an all-time high of $5.85 per gallon, raising concerns about its impact on inflation and business costs.
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US Diesel Prices Hit Record Highs, Raising Economic Concerns
First report 2h agoLast update 58m agoExperts and reports express alarm over record-high diesel prices, predicting increased transportation costs and higher prices for everyday goods, impacting the broader economy.
US Diesel Prices Hit Record High Amid Iran Conflict
First report 5h agoLast update 58m agoMultiple sources confirm that US diesel prices have hit an unprecedented average of $5.85 per gallon, attributing the surge to the Iran conflict and its impact on global energy markets.
Vice President JD Vance acknowledged high gasoline prices but asserted they are worse elsewhere globally, while Trump downplayed the Iran conflict as 'small potatoes' despite its economic effects.
The US Treasury Secretary stated Washington is serious about 'Operation Economic Outcast' against Iran, hoping to avoid further bank sanctions if support for the Iranian regime ceases.
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