Diesel prices in the United States surged to a record $5.85 per gallon on Friday, according to the American Automobile Association, marking a staggering 58 percent jump from just a year earlier. The spike reflects mounting pressure on global energy markets as the ongoing conflict with Iran disrupts supply chains and fuels uncertainty among traders. Drivers and logistics firms are bracing for higher operating costs, while analysts warn that continued geopolitical tension could keep prices elevated for months. Policymakers are likely to face growing calls for relief measures as the fuel surge ripples through the broader economy.
The average price of diesel hit an all-time high Friday in the U.S., as the conflict with Iran puts more strain on the global energy supply. The average cost of a gallon of diesel in the U.S. was up to around $5.85 on Friday morning, according to AAA. This is a 58 percent cost increase...
