Iran War Energy Shock Elevates Gasoline and Diesel Prices in the U.S.
The ongoing Iran war is causing a rise in U.S. gasoline and diesel prices, posing risks to Americans' standard of living this summer. With refineries operating near capacity, it's difficult for lower crude oil prices to quickly reduce retail fuel costs. President Donald Trump has limited tools available to mitigate the economic impact.
Topics: diesel prices energy markets gasoline prices Iran war U.S. economy