Price of diesel fuel spikes as Russia cuts off natural gas in Europe

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In another blow to the U.S. economy, diesel fuel prices are skyrocketing to new records in reaction to Russia’s move against its European neighbors.

The cost of a gallon of diesel fuel in the U.S. topped $5.25 a gallon Saturday, up 7 cents in a single day and 18 cents in a week, AAA’s Fuel Gauge Report shows. That easily smashed the previous record of $5.13 a gallon set March 12. 



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