Diesel surpasses $6 per gallon

The price of diesel in the United States has surpassed $6 a gallon for the first time, reaching an average of $6.06, driven by high crude oil prices and limited refinery output due to global conflicts and sanctions. This surge impacts transportation and freight costs, potentially raising prices for goods and food, while also affecting home heating oil costs. The ongoing increase has already cost Americans over $46 billion since the start of the Iran war, equating to more than $350 per household.

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