Diesel Prices Hit $5 a Gallon Again, Up 33% Since Start of Iran War

Diesel prices in the U.S. have surged past $5 a gallon for the second time, reflecting a 33% increase since the start of renewed hostilities in Iran. The escalation in the Persian Gulf and lower refinery operations are the main drivers behind this price hike. This trend underscores the global supply chain disruptions and the significant impact of geopolitical tensions on fuel costs, highlighting the broader economic implications for transportation and industry sectors. For more details, check out the full article in The New York Times.