Scott Horsley

Five decades on, Apple's worth just under $4 trillion.

Scott Horsley, NPR News, Washington.

Good morning, Lilla.

Obviously, anyone who's filled up a car or truck lately has seen the sharp jump in gasoline prices.

Diesel prices are up even more.

It's costing Pennsylvania farmer Rick Tellez a lot more to fuel his tractor since the war began.

When I caught up with him yesterday, Tellez told me he's also worried about the rising cost of fertilizer.

Tellez says fertilizer that was selling for $500 a ton before the war now costs as much as $850.

So he's been forced to cut back, even if that might mean coaxing fewer bushels of corn and soybeans out of the ground this year.

You know, grain prices have been really depressed in recent years, thanks to bumper crops and President Trump's trade policies, which have cut into exports.

So farmers are really getting squeezed.

Their costs are going up, but when it comes to harvest time, there's no guarantee they'll earn that money back.

Court records show farm bankruptcies jumped 46 percent last year, and the war only makes those challenges tougher.

Well, ultimately, those higher diesel fuel prices could raise the cost of everything that gets moved around the country by truck or rail.

The Organization for Economic Cooperation and Development projects the war will push inflation in the U.S.

back above 4%.

Even a six-pack of soda pop or beer could see a price hike.

Over the weekend, Iran attacked aluminum facilities in Bahrain and the UAE.

And Bart Watson, who's president of the Brewers Association, says that's pushing up the price of aluminum cans.

Watson says for now, some brewers are absorbing those higher aluminum costs, but there may come a point where they have to pass the increase along.