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US Fuel Prices Reach Record High
Fuel prices in the United States have surged to record levels due to the escalating security crisis in the Middle East, raising concerns over potential disruptions to global oil supplies. The average price per gallon of diesel reached approximately $5.98, representing an increase of over 60% compared to last year. Meanwhile, regular gasoline climbed to $4.28 per gallon. This wave of price hikes coincided with a more than 6% rise in crude oil prices, with Brent crude closing at $107.63 per barrel, amid ongoing fears about maritime security and energy supplies in the region.
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