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4.00833734166703E-05 -0.000801667468334203 -0.00593233926567267 -0.00929934263267605 -0.0109026775693442 -0.0109026775693442 -0.0109026775693442 -0.0109026775693442
Stock impact report

US diesel hits $4 per gallon as fuel costs rise amid escalating Middle East conflict [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
NEW YORK, March 4 (Reuters) - Average U.S. retail diesel prices surpassed $4 a gallon for the first time in nearly two years on Wednesday and are set to ?rise further later in the week as the U.S.-Israel conflict with Iran dragged on, threatening to hit consumers ?with sticker shocks on everything from food to furniture. Prices for diesel, used mainly in manufacturing and freight, have been on a tear since ?Iran began retaliating against U.S. and Israeli strikes on the country by bombing energy infrastructure across the Middle East and disrupting shipping in the Strait of Hormuz, a key global trade route. The national average price of diesel jumped 14.7 cents from Tuesday to hit $4.04 a gallon, the first time in nearly two years and the biggest daily increase since ?March 2022, when Russia's invasion of Ukraine ?had upended global oil markets, according to AAA. "We could see the average rise to $4.25-$4.45/gal in the days ahead, but any new developments could push the needle ei Show less Read more
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