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8.2

Diesel prices surge 10% in a week as Middle East conflict and Russian export ban squeeze farmers in UK and US

Diesel prices in the UK and US have jumped 10% in under a week, driven by renewed US-Iran fighting that has lifted crude oil and Russia's extended diesel export ban. The combined supply shock is hitting farmers' operating costs hard, with further volatility likely as geopolitical tensions persist.

Guardian Worldabout 22 hours agoUS, GB, RU, IRengCredibility 32%View source

Score Breakdown

Mosaic Score8.2
Confidence0.7
Significance0.8
Source credibility0.3

Intelligence Tags

#diesel#fuel-prices#farmers#russia#iran#middle-east-conflict

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