‘Astronomical’ fuel price surge hits farmers in UK and US
Intensification of Middle East conflict and ongoing Russian export ban leads to diesel prices rising 10% in less than a weekFarmers are facing an “astronomical” jump in the price of fuel needed to operate their vehicles and machinery after a surge in diesel costs in the UK and the US. Renewed fighting between the US and Iran has driven up the price of crude oil, while last week Russia extended a ban on diesel exports, further pushing up market prices.
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