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Inflation Is About to Hit Hard as Diesel Prices Soar to Record Near $6 a Gallon

Source: 247wallst.com

Energy Markets & PricesInflationTransportation & Logistics
Inflation Is About to Hit Hard as Diesel Prices Soar to Record Near $6 a Gallon

U.S. retail diesel reached a record $5.97 per gallon in the week ended September 7, rising 11.6% from a month earlier. The sharp increase raises fuel-cost pressure for trucking and logistics operators and could add to broader inflation concerns.

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