Diesel prices at record highs amid Strait of Hormuz disruption, Russia-Ukraine war
Average diesel prices reached a record high of $6.43 per gallon on Friday. These elevated costs are linked to disruptions in the Strait of Hormuz and the ongoing Russia-Ukraine war. Market data from GasBuddy highlights the continued pricing pressure.
The average price for a gallon of diesel was still hovering around a record-high of $6.43 as of Friday morning, according to the latest data published by GasBuddy.
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