U.S. diesel prices hit record highs as supply crunch intensifies
Average U.S. diesel prices jumped to record highs on Thursday amid a global supply crunch. The pressure follows renewed U.S.-Iran hostilities and disruptions from Ukrainian attacks on Russian refineries, a major diesel export source.
By Siddharth CavaleAverage U.S. diesel prices jumped to record highs on Thursday, as a global supply crunch intensified after renewed hostilities between the U.S. and Iran and on disruptions caused by Ukrainian attacks on Russian refineries, a major source of diesel exports.The national average pri…