U.S. diesel prices have hit a record $5.85 a gallon, as the Iran war disrupts global fuel supplies and sends oil prices higher.

INTELLIGENCE SUMMARY

U.S. diesel prices have hit a record $5.85 a gallon, as the Iran war disrupts global fuel supplies and sends oil prices higher. The surge is driving up transportation costs and could soon push food and other consumer prices higher, with Brent crude now above $95 a barrel, up sharply from around $70 before the war. Source: AP