Benchmarks for crude oil and diesel hit warning thresholds as the war in the Middle East escalates.

US diesel prices hit record high over $5.90 amid Iran tensions. Crude oil reaching a new all-time high by December 31 at 9.5% YES.

International oil benchmark Brent spiked above $100 a barrel Wednesday for the first time since late July following renewed US-Iran hostilities in the Middle East, stoking fears…