US Diesel Prices Hit Record High Amid Global Fuel Shortages
Diesel prices in the US have hit record highs, reaching an average of $6.05 per gallon on Friday, according to AAA.
This is particularly concerning for farmers who rely heavily on diesel to power their equipment during harvest season.
Jason Kurtz, a corn and soybean farmer near Forest City, Missouri, said he was paying twice as much for diesel this year compared to previous years.
The high prices are due in part to the six-month war between the US and Iran, which has disrupted global fuel supplies.
Farmers like Kurtz who are already struggling financially may need to make tough decisions about how to allocate their resources.