"Diesel Is the Blood of the Economy": U.S. Prices Just Hit an All-Time High of $5.848 a Gallon

Diesel has set a new record while crude oil remains below its prior peak, widening the spread that feeds into transport and supply-chain costs. That cost pressure is expected to keep pushing food prices higher even after a ceasefire, implying sticky inflation risk tied to energy differentials rather than only headline crude levels.