US-Iran conflict ripples through American economy. Petrol prices surge to $4.09 per gallon, highest since August 2022, while diesel jumps to $5.53 per gallon from $3.64 a year ago. The spike in fuel costs is forcing major companies to pass expenses to consumers. Amazon implementing 3.5% fuel surcharge on third-party sellers starting April 17, airlines raising baggage fees, and the US Postal Service proposing an 8% fuel surcharge on package deliveries effective April 26. Diesel's sharp rise particularly impacts farming, construction, and transportation sectors. Geopolitical tensions are transforming into economic pressure points across supply chains. Analysts warn broader economic impact will deepen if Middle East conflict persists, with global market pressures expected to build over time.
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