The Economic Times

Fuel shock hits hard: US diesel crosses $5, second time in history as oil surges 4% on Hormuz crisis

Diesel price surge US: Rising fuel prices are impacting American drivers as diesel crosses $5 a gallon and crude oil surges due to the Iran conflict disrupting the Strait of Hormuz. This global instability, coupled with seasonal demand shifts, is pushing gas prices higher, with analysts warning of potential $4 per gallon levels.