Diesel price hits all-time high in US amid Iran war woes
Middle East3 sources3 countries🔦 Under-reported43m ago
Diesel prices in the United States reached an all-time high on Friday, driven by global energy supply strains linked to the ongoing conflict with Iran. The rise in fuel costs follows a trend of surging wholesale oil prices that began when the conflict commenced in late February.
In addition to record diesel costs, gasoline prices have also reached new highs ahead of the Labor Day weekend. These economic developments occur as the country approaches crucial midterm elections scheduled for November.
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Al Jazeera (QA)Connects energy price hikes to upcoming US midterm elections