Pricey Diesel to Push Harvest Season Costs Higher
Global oil market disruptions stemming from the Iran war are expected to significantly increase harvest season costs, with diesel prices averaging over $5 per gallon. Chief oil advisor Tom Kloza warns that economic pressure on Iran will further restrict U.S. access to global oil markets, exacerbating the financial burden on agricultural operations.
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Pricey Diesel to Push Harvest Season Costs Higher, Says Tom Kloza
Global oil market disruptions stemming from the Iran war are expected to significantly increase harvest season costs, with diesel prices averaging over $5 per gallon. Chief oil advisor Tom Kloza warns that economic pressure on Iran will further restrict U.S. access to global oil markets, exacerbating the financial burden on agricultural operations.
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