Diesel reaches record price in US

Diesel prices in the United States have reached a new record high, nearing $6.27 per gallon, amid ongoing pressure from tensions in the Middle East and attacks on Russian oil refineries by Ukraine. The price increase is attributed to a shortage of refined supplies, especially from the Middle East, and the impact of the war with Iran, which has led to higher refining margins. This rise could impact the U.S. economy and provoke widespread discontent, especially as the November congressional elections approach, with the market experiencing a severe shortage of diesel supplies.

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