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Diesel Futures in US Top $5 a Gallon for First Time Since 2022
Source: Bloomberg
Energy Markets & PricesCommodity FuturesGeopolitics & WarTrade Policy & Supply ChainInflation
US diesel futures rose above $5 per gallon for the first time since April 2022, signaling a deepening global fuel supply squeeze. Wars are disrupting supplies while fuel inventories decline rapidly, raising risks of higher transportation, industrial and consumer inflation costs.
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