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7.8

US diesel hits record $6/gal on Iran war, Russia refinery strikes

US diesel prices have surpassed the 2022 record, reaching $6 per gallon, driven by a supply shock from the war against Iran and Ukrainian attacks on Russian refineries. The Financial Times highlights the impact on global inflation. This marks a new high, escalating energy cost pressures.

Valor Econômicoabout 7 hours agoUS, IR, RU, UA, YECredibility 44%View source

Score Breakdown

Mosaic Score7.8
Confidence0.7
Significance0.8
Source credibility0.4

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Bab el-Mandeb Strait

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