Diesel prices in the U.S. jump past $6 a gallon, straining transport costs for these grocery items
Diesel prices in the U.S. hit yet another record on Friday, soaring past $6 a gallon on average as Washington’s war with Iran disrupts the world’s flow of fuel . The national average of $6.05 is up from $5.85 last week and $3.70 this time last year, according to motor club AAA. Higher diesel prices mean more expensive transportation for a long list of everyday goods . That’s because diesel is…
U.S. diesel prices surpassed $6 a gallon on Friday, prompting concerns about the impact on delivery costs for various goods, including groceries. Diesel plays a crucial role in transporting perishable items like meat and produce, as well as other everyday products. The national average diesel price stands at $6.05, up from $5.85 last week and $3.70 a year ago, according to AAA.
The escalating conflict between the U.S. and Iran has disrupted fuel supplies, particularly in the Middle East, leading to a surge in prices. Diesel costs are expected to persist due to the ongoing geopolitical tensions and reduced oil production in Saudi Arabia, a result of Houthi attacks on its energy facilities. Additionally, disruptions in Russia's refining system due to Ukrainian attacks have further exacerbated the situation.
Food prices, particularly those of perishable items, are likely to feel the impact of these higher diesel costs.
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