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Oil Nears $97 as Diesel Hits Year’s High

Oil Nears $97 as Diesel Hits Year’s High

Crude oil touched about $97 per barrel after a monthlong climb, lifting diesel prices to their highest levels since 2022. The surge raises costs for transportation and logistics, with potential knock‑on effects for inflation-sensitive sectors.

Original headline

Oil touches $97 per barrel as diesel prices surge to highest level this year