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Market Impact: 0.42
US Diesel Hits Highest Since April as Wars Strain Global Supply
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarInflationCommodities & Raw Materials
US diesel climbed to the highest level since the April peak tied to the initial US–Iran war phase, underscoring renewed inflationary pressure as the conflict drags on. The move signals higher near-term energy input costs that could spread into broader global pricing.
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