Mmastodon BusinessEconomy first seen 12 h ago, last 7 h ago, peak #2
Diesel prices emerging as hidden economic worry amid Iran war
Original: Everyone knows how much gasoline prices matter. The recent spike in gas prices triggered by the war with Iran has fueled
The spike in gasoline prices triggered by the war with Iran has deepened pessimism about the US economy and weighed on President Donald Trump's approval ratings. Commentators warn that diesel fuel — the lifeblood of shipping and agriculture — may be the bigger problem, since rising diesel costs feed directly into the price of nearly every good consumers buy.
Why now: The Iran conflict is pushing fuel prices up, raising concerns about broader economic damage and Trump's approval ratings.
Rank over time, top of the chart is #1. 8 snapshots from 12 h ago to 7 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/534101