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The Independent UK
The Independent UK
Bruce Golding

Diesel and gas prices are spiking and hitting record levels. Experts say it’s going to get worse

The price of diesel hit another record high Thursday morning and is expected to climb higher — along with the surging cost of gasoline — as fallout from President Donald Trump’s ongoing Iran war continues to restrict global oil supplies.

Diesel now costs an average of $6.40 a gallon nationally, up 9 cents from Wednesday and a staggering 73 percent over the past year, according to AAA.

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