The highest inflation in the U.S. in four decades is set to persist and even increase in the coming months as the price of diesel is at record highs amid very tight domestic inventories and a global shortage of supply. Diesel is used in every part of the industrial activity and supply chain, from goods transportation to manufacturing and agriculture; it fuels America’s economy.
Diesel prices have soared to record highs in recent months, adding further upward pressure on U.S. inflation figures. The exceptionally tight diesel market…Record High Diesel Prices Will Ripple Across The Economy
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