Diesel Prices Skyrocket, Supply Crunch Looms

Diesel prices surge to near post-war peak, with a 28.9 cent jump to $5.64 per gallon, according to the latest Department of Energy report. Futures markets reflect the turmoil, with ultra-low sulfur diesel climbing nearly 28 cents in five trading days. Analysts warn of a supply crunch, as inventories drop despite falling demand, and a massive 15 million barrels per day have been wiped out from supplies. Relief is months away, even if the Strait of Hormuz reopens tomorrow. Brace for steeper fuel costs ahead as supply remains tight. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/90c339399d3ba163