Diesel hits record $5.85 a gallon as Iran war disrupts fuel supply

Diesel hit a new record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time ever as the six-month war with Iran disrupts the world's flow of fuel.

Diesel hits record $5.85 a gallon as Iran war disrupts fuel supply

TL;DR

  • Diesel prices reached a record average of $5.85 a gallon in the U.S. on Friday.
  • This is the first time diesel has hit this price point.
  • The war with Iran, now in its sixth month, is disrupting the world's fuel supply.
  • The disruption in fuel flow is a primary cause for the record high prices.