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U.S. Diesel Prices Close In on April War Peak

A diesel-price shock may be approaching Western economies. That's because the industrial fuel sits at the epicenter of freight, agriculture, construction, and heavy industry; soaring prices ripple…

  • U.S. diesel price nears April 2021 peak at $5.69 per gallon
  • Ongoing US-Iran conflict disrupts Strait of Hormuz, exacerbating situation
  • President Trump urges refineries to boost diesel production

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