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Higher oil prices are already affecting American businesses

Gasoline prices have jumped about a dollar a gallon since the war with Iran began. And diesel prices are up even more. That's tough on truckers, fishermen, and just about everyone else.

Copyright 2026 NPR

Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.