Pricey Diesel to Push Harvest Season Costs Higher, Says Tom Kloza

Tom Kloza, chief oil advisor to Gulf Oil, stated that diesel prices exceeding $5 a gallon during harvest season would increase costs for farmers. Kloza attributed the price increases to disruption in the global oil market resulting from the Iran war. Bloomberg reported his comments on the economic pressure on Iran and its effect on U.S. access to global oil markets.

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