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World · 2 hours ago
America's national average for diesel reached a record $6.05 a gallon on Thursday, a 60% jump in a year. The surge is due to the ongoing war in Iran crimping global oil supply and a squeeze on refining capacity in the Middle East and Russia. Experts say higher transport costs for businesses will likely mean higher prices for shoppers, especially for fresh food.
Reported by CBS News · How we write briefs
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