Your everyday life, from the food you eat to the packages you receive, relies heavily on diesel fuel. But right now, diesel prices are hitting record highs, impacting nearly every corner of the global economy and your wallet in surprising ways.
Diesel prices are soaring, reaching levels not seen in decades, and it's making headlines because of its widespread impact.
In the US, the average price for a gallon of diesel hit a record $5.81 in June 2022, a 75% increase from the previous year.