US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods
U.S. diesel prices have exceeded $6 per gallon due to supply chain disruptions linked to the ongoing conflict between the U.S. and Iran. The rising costs are expected to increase prices for consumer goods, particularly perishable food items.
Why it matters
High fuel costs create inflationary pressure on the broader economy and impact the affordability of essential goods for consumers.
Diesel prices in the U.S. hit yet another record on 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 $6.05 is up from $5.85 last week and $3.70 this time last year, according to motor club AAA.
Higher diesel prices mean more expensive transportation for a long list of everyday goods. That's because diesel is used for many freight and delivery networks. 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.
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