Diesel prices hit record highs; JPMorgan warns record diesel stokes inflation

Diesel prices have reached record highs, with the German market at an all-time peak and the US national pump average at $6.29/gal, up 80% year-to-date. JPMorgan warns the record diesel price is stoking inflation and pressuring central banks toward interest rate hikes.

Detected & updated continuously · Source: Nebula