US gas prices: Hormuz tensions push diesel above $5/gallon, highest since Dec 2022

Date:

Retail diesel prices in the U.S. have surpassed $5 a gallon for the second time, impacting global economic activity and consumer goods. This surge, driven by the US-Israeli conflict with Iran and disruptions in the Strait of Hormuz, presents a challenge for the upcoming midterm elections. Gasoline prices also reached their highest since October 2023, with little sign of easing.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Vaibhav Sooryavanshi will face ‘bouncer threat’, warns ex-India player | Cricket News – The Times of India

Rajasthan Royals' Vaibhav Sooryavanshi (AP Photo/Anupam Nath)Former India cricketer...

GT vs RR, IPL 2026: 5 players to watch in today’s match | Cricket News – The Times of India

Shubman Gill and Ravindra Jadeja (Image credit: BCCI/IPL) NEW...

IFFCO records highest profit and overall performance in FY26, set to cross Rs 4,106 crore PBT – The Times of India

The Indian Farmers Fertiliser Cooperative Limited reported its highest-ever...