US truckers' diesel spending hits record high on Middle East conflict - Reuters
US truckers' diesel spending hits record high on Middle East conflict Reuters
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<a href="https://news.google.com/rss/articles/CBMitAFBVV95cUxNNHRtMFJaV1FBbmEwZzYyV0VzVWg2d2VVbHZQUy1PVUk0Y1VrWmNyXy1Gb1B3bDVFZENhM2VuaHJNaE1JbHJMd1FQLWQxNGh5Wjc5U3JYRGpHVXY3Wlc3YUpSeDUzTzJNVG54VnhYOTFZWTJqNl9OTHpXV2tadWtBUVlMVEstY3dVcDZVUXRDU0RLQnVfOWdFS2pYZzVTMzVJZ180TTJFbmNZblNpTkFjWWRlT1M?oc=5" target="_blank">US truckers' diesel spending hits record high on Middle East conflict</a> <font color="#6f6f6f">Reuters</font>
U.S. truckers are facing record diesel prices due to the Iran war, with the national average retail price increasing by $1.89, or 50%, since the conflict began, leading to higher transportation costs and consumer goods prices.
California truckers are struggling with diesel prices nearing $7.75 per gallon, a 50% increase in one month, severely impacting trucking operations statewide.
The U.S. retail diesel average dipped 3.5 cents to $5.608 a gallon, halting the record fuel price run-up since the Iran war started, though prices remain high, especially in California at $7.50 per gallon.
The diesel price increase, driven by the Middle East conflict, has cost the U.S. economy $9.4 billion since the conflict began, affecting not only truckers but also leading to higher consumer goods prices.
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