US Diesel Tops $6.50 a Gallon as Wars Worsen Global Fuels Crunch

US retail diesel prices have surpassed $6.50 per gallon for the first time due to war-driven global fuel shortages. This surge threatens to intensify inflation, strain logistics, and pressure agricultural and transportation sectors. Simultaneously, Bangladesh has increased its fuel prices by up to 17% in response to the global oil price surge, highlighting a widespread economic impact on supply chains and consumers across different regions as crude oil faces potential unprecedented price levels.