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Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries
U.S. truckers are paying $5.85 a gallon on average, as refinery outages in Ukraine, Russia and the Middle East tighten supply.
Summary by CNBC
5 Articles
5 Articles
Diesel prices hit record high as wars disrupt supply
Diesel prices have hit an all-time high as the wars in Iran and Ukraine disrupt global fuel supplies. On Friday, the average price of diesel in the United States reached $5.85, surpassing the previous all-time high of $5.81 per gallon set in May 2022 following Russia’s invasion of Ukraine. The national average was $5.29 per […]
·Washington, United States
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Record price of diesel in the US with wars in Ukraine and Iran dropping refineries increases global inflation pressure
Coverage Details
Total News Sources5
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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