Pricey Diesel to Drive Up Harvest Season Costs Amid Iran War

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

Tom Kloza, chief oil advisor to Gulf Oil, says that disruption in the global oil market from the Iran war is likely to make this harvest season extremely costly as average diesel prices extends over $5 a gallon. Kloza also discussed the impact economic pressure on Iran and said that that likely means the US won't have 'full and unfettered access' to the global oil markets. (Source: Bloomberg)