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7.7

US Diesel Prices Near April War Peak, Threatening Inflation

US average retail diesel price hit $5.69/gal, approaching the April war-time peak, driven by tight supply and high crude costs. This threatens to re-ignite food inflation and squeeze SMEs, though the sustainability of the rise is uncertain.

OilPrice.comabout 10 hours agoUSengCredibility 64%View source

Score Breakdown

Mosaic Score7.7
Confidence0.7
Significance0.8
Source credibility0.6

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