Diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

Diesel prices in the U.S. hit a new record Friday, averaging $6.05 per gallon and surpassing $6 for the first time, according to AAA. That compares with $5.85 last week and $3.70 a year earlier. The jump is tied to disruptions in global fuel flows as Washington’s war with Iran continues to affect supply, including congestion in the Strait of Hormuz. Higher diesel costs increase transportation expenses for goods ranging from freight and delivery networks to groceries and other perishables that require frequent hauling or equipment powered by diesel. Prices at the pump for diesel and regular gasoline ($4.29 Friday) track crude oil, with both Brent and U.S. crude above $100 a barrel. Reporting also notes President Donald Trump said oil prices may not ease until after November’s midterm elections.