The Economic Times

US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuel

US Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-month conflict with Iran. Higher fuel expenses are increasing transportation costs for many essential everyday items. Consumers may soon witness escalating prices on store shelves and online purchases. Businesses across various sectors are already passing these increased costs onto their customers.