U.S. Diesel Hits Record $5.85 as 6-Month Iran War Lifts Consumer Costs
Updated
Updated · The Independent · Sep 4
U.S. Diesel Hits Record $5.85 as 6-Month Iran War Lifts Consumer Costs
3 articles · Updated · The Independent · Sep 4
Summary
$5.85 a gallon diesel is now raising freight and delivery costs nationwide, with businesses already adding surcharges to online orders and mailed packages.
Produce, meat and other perishables are among the first goods facing higher shelf prices because they depend on frequent hauling and diesel-powered farm equipment.
The pressure could spread to clothing, cosmetics and furniture if diesel stays elevated, hitting goods moved by trucks, trains and boats.
Trump's latest mix of sanctions and renewed strikes has not forced Iran to yield, leaving fuel markets strained and adding political pressure ahead of November's midterms.