Diesel prices in the US hit yet another record Friday, soaring past $6 a gallon on average as

Diesel prices in the US hit yet another record Friday, soaring past $6 a gallon on average as

Representative image

Diesel prices in the US hit yet another record 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 nearly $6.06 is up from $5.85 last week and almost $3.71 this time last year, according to motor club AAA. Prices at the pump for diesel and regular gasoline – which hit nearly $4.30 on average in the US Friday – closely follow those of crude oil. This week, both Brent, the international standard, and US crude surpassed $100 a barrel for the first time in months as fighting between the US and Iran escalated again.

Because diesel is used for many freight and delivery networks, that’s. Higher diesel prices mean more expensive transportation for a long list of everyday goods. And some businesses have already passed along steeper costs to consumers in the form of added fees on online orders and packages in the mail. And oil has renewed its rise recently. AP Catch the latest World News and Live updates. Download the TOI app.

Leave a Reply

Your email address will not be published. Required fields are marked *