Diesel surge up to $0.60 per gallon this week

Diesel prices could spike within the next days as the second-largest oil producer Saudi Arabia was struck by a fleet of drones.

Nearly 5% of the global supply is lost due to the attack.

According to FreightWaves, the attack was unexpected and did not involve large troops.

However, this attack could translate into a $0.60 per gallon increase and an increase in operating costs for carriers.

Moreover, this will have 3-6% impact on carrier profits.

To read more, go to FreightWaves.