⚡️🇺🇸 — U.S. Diesel Price Surge Hits Record Highs, Squeezing Local Communities and Threatening Broader Inflation, — CBS NEWS.

​➡️ Average U.S. diesel prices have skyrocketed to approximately $6.50 a gallon—hovering just below a record high of $6.53 and nearly doubling from around $3.69 a year ago. Driven by a global shortage stemming from refining and shipping disruptions tied to the ongoing conflicts involving Iran and Russia-Ukraine, the fuel spike is rippling heavily through domestic supply chains. Essential services, agricultural operations, commercial transport, and local businesses are absorbing severe cost increases, with school districts, food banks, and logistics providers reporting hundreds of thousands of dollars in unexpected operational burdens.

​➡️ Economists warn that persistent high fuel expenses are threatening to bleed into core inflation, pushing annual inflation projections higher toward 3.6% by year-end as the cost of producing and transporting goods escalates. While some lawmakers have called for restricting domestic diesel exports to provide local relief, energy experts caution that such measures could backfire by deepening regional imbalances and exacerbating broader international shortages.

⭐️ Follow @MaxOsintIntel