Diesel prices hit a record high, pushing up transportation costs for a long list of goods

Diesel reached a record U.S. average price of $5.85 a gallon on Friday, AP reported, reflecting the fuel-flow disruptions tied to a six-month war with Iran. Because diesel is central to freight and delivery networks, higher prices are expected to raise transportation costs across a wide range of everyday goods, adding pressure on businesses and potentially feeding into consumer prices. The article notes fuel cost increases could be a political challenge ahead of November’s midterm elections, with AP-NORC polling showing 2 in 3 U.S. adults disapproved of President Donald Trump’s economic handling. AAA also reported regular gasoline at $4.15.