https://www.live-feeds.com/feed/oil-touches-97-per-barrel-as-diesel-prices-surge-to-highest-level-this-yearContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-touches-97-per-barrel-as-diesel-prices-surge-to-highest-level-this-yearhttps://www.live-feeds.com/feed/oil-touches-97-per-barrel-as-diesel-prices-surge-to-highest-level-this-year#u63451Thu, 10 Sep 2026 03:32:02 +0000Oil prices reached $100 per barrel on Wednesday, marking the first time the threshold was breached in months. The surge follows intensified fighting and attacks on ships and oil facilities in the Middle East, specifically involving the United States' war with Iran. These price levels are the highest since July. The spike occurs as global markets face prolonged supply disruptions, adding pressure to energy costs that have already driven US diesel prices to an all-time high of $5.85 per gallon.Why it mattersTight global supplies and Trump administration energy policies have created a fuel s https://www.live-feeds.com/feed/oil-touches-97-per-barrel-as-diesel-prices-surge-to-highest-level-this-yearhttps://www.live-feeds.com/feed/oil-touches-97-per-barrel-as-diesel-prices-surge-to-highest-level-this-year#u57488Fri, 04 Sep 2026 23:52:49 +0000US diesel prices reached an all-time high on Friday, averaging $5.85 per gallon. Crude oil prices have touched $97 per barrel as geopolitical conflicts and tight global supplies create a fuel squeeze. While gasoline prices were previously lowered through federal dilution, no similar fix exists for diesel. The price surge is driven by a combination of disrupted fuel flows from the Iran war and energy policies from the Trump administration. These costs represent the highest diesel levels seen since 2022, with some reports citing a four-year peak.Why it mattersDiesel is a critical fuel for transp