Economic TimesLean R·
US diesel prices hit a record high of $5.85
CHICAGO - Diesel hit a new record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time ever as the 6-month-long war with Iran continues to disrupt the world's flow of fuel.Because diesel is used for many freight and delivery networks, higher diesel prices mean higher transportation costs for a long list of everyday goods. More expensive fuel is increasing bills for businesses across sectors - some of which have already passed off costs to consumers in the form…
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