Business

Record diesel prices put pressure on European drivers and US deliveries


A prolonged run-up in diesel prices challenges Wall Street’s bets on slowing inflation.

A global shortage of fuel – the workhorse of much of the global economy – is straining industries from trucking to agriculture and adding to the pressure consumers are under from rising fuel prices. energy. Europe, dependent on imports of Russian diesel which are set to collapse due to sanctions, is particularly vulnerable.


Wj

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