US Diesel Price Surpasses $6 a Gallon
The national average price of diesel in the United States surpassed six dollars a gallon for the first time due to supply disruptions. The surge adds inflationary pressure and presents a political challenge ahead of upcoming midterm elections.
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The United States national average diesel price surpassed $6 a gallon for the first time on Thursday morning, according to GasBuddy data. The surge comes as the conflict involving Iran and Israel alongside Ukraine attacks on Russia refineries squeeze global fuel supplies. The milestone adds severe inflationary pressure on supply chains and creates political risks for President Donald Trump ahead of the November midterms.
