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Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries

  • Posted on September 4, 2026
  • By CNBC
  • 2 Views
  • 1 min read
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Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries
Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries

Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.
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Author
CNBC

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