Prices for diesel fuel in the United States have climbed to an all-time high, driven by escalating tensions related to Iran. According to a report by the Financial Times, the surge has pushed costs beyond the previous peak recorded in 2022.
This sharp increase in energy prices introduces additional inflationary challenges at a critical political moment, coming just weeks before the November midterm elections.
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Diesel prices hitting a new peak right before midterms is terrible timing for drivers and politicians alike.
I can’t believe we’ve gone past the 2022 highs again. Is there any end in sight for these energy costs?