U.S. diesel price tops $6.50 per gallon

The nationwide U.S. diesel price has reportedly reached $6.505 per gallon, exceeding $6.50 for the first time, according to Bloomberg.
The increase comes as war-driven energy costs continue to feed through fuel markets and the broader economy.
Elevated diesel prices can increase transportation, logistics and agricultural costs, creating another channel through which the energy shock can contribute to inflationary pressure.