https://www.live-feeds.com/feed/jpmorgan-doubles-down-on-diesel-as-record-prices-test-inflationContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/jpmorgan-doubles-down-on-diesel-as-record-prices-test-inflationhttps://www.live-feeds.com/feed/jpmorgan-doubles-down-on-diesel-as-record-prices-test-inflation#u89904Wed, 30 Sep 2026 05:57:26 +0000Global diesel prices have hit record highs, driving a sharp annual increase that analysts compare to 2008 and pushing U.S. diesel to $6.529 per gallon. JPMorgan points to these soaring costs as an early indicator for U.S. inflation, arguing that the fuel powering freight, farming, and heavy industry affects the cost of nearly everything. Storage tanks are draining globally, and a worldwide diesel shortage is likely to last into 2027. The high energy costs, exacerbated by the war with Iran, are placing pressure on household budgets and corporate supply chains while rattling politicians ahead of