The American Automobile Association says the price of diesel in the United States has risen to $6.39 a gallon, reaching a new record high. The increase comes as the U.S. energy market is affected by mounting tensions in the Strait of Hormuz.<\/p>\n
According to Al Jazeera, the escalation in tensions in the Strait of Hormuz has been cited as one of the main factors behind the latest surge in diesel prices in the United States. The development has once again highlighted concerns over energy costs and pressure on American consumers.<\/p>\n
Meanwhile, The Wall Street Journal, citing Brown University calculations, reported that oil prices rising above $100 a barrel have imposed a heavy burden on Americans. According to the estimate, U.S. consumers have paid a total of about $107 billion more for gasoline and diesel as a result of the war with Iran and disruptions stemming from the Russia-Ukraine conflict.<\/p>\n
The report said this amount has averaged more than $500 million a day since the start of the conflict in question. The Strait of Hormuz is one of the world\u2019s key energy transit routes, and any tensions in this waterway typically have an immediate effect on global oil markets and fuel prices.<\/p>\n","protected":false},"excerpt":{"rendered":"
U.S. diesel prices hit a record $6.39 a gallon as tensions in the Strait of Hormuz push up energy costs.<\/p>\n","protected":false},"author":2,"featured_media":22063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-22064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/22064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/comments?post=22064"}],"version-history":[{"count":0,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/22064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media\/22063"}],"wp:attachment":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media?parent=22064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/categories?post=22064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/tags?post=22064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}