Global diesel prices, which have remained elevated since the start of the Iran war and the blockade of the Strait of Hormuz, have fallen sharply in recent weeks as Gulf exports recover and global oil supplies get back on track for the first time since February. The price drop is being felt in Europe, where prices remain roughly 77% above pre-war levels, and in the US, where the national average fell below $6 a gallon on Saturday. Details by Liza Kaminov.
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