https://www.live-feeds.com/feed/us-diesel-prices-hit-record-high-as-conflicts-intensify-supply-crunchContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-diesel-prices-hit-record-high-as-conflicts-intensify-supply-crunchhttps://www.live-feeds.com/feed/us-diesel-prices-hit-record-high-as-conflicts-intensify-supply-crunch#u60571Mon, 07 Sep 2026 21:40:35 +0000US diesel prices reached an all-time average of $5.85 per gallon on September 4, 2026, while gasoline averaged a record Labor Day high of $4.14 per gallon. These surges follow strikes between the US and Iran and attacks on Russian refineries, pushing crude oil to $97 per barrel. Refiners are prioritizing diesel production due to high margins, causing a tightening in global shipping fuel supplies. The conflict is also increasing import bills and squeezing marketing margins in India.Why it mattersThe price spike represents a sharp increase from the $3.71 per gallon diesel average recorded one ye https://www.live-feeds.com/feed/us-diesel-prices-hit-record-high-as-conflicts-intensify-supply-crunchhttps://www.live-feeds.com/feed/us-diesel-prices-hit-record-high-as-conflicts-intensify-supply-crunch#u58331Sat, 05 Sep 2026 17:47:13 +0000US diesel prices hit an all-time average of $5.85 per gallon as of September 4, 2026. This record peak follows renewed strikes between the United States and Iran and ongoing attacks on Russian oil refineries. These conflicts have deepened a global supply crunch for refined fuels, pushing crude oil prices to $97 per barrel. The current price marks a sharp increase from the $3.71 per gallon average seen one year ago, adding to domestic inflation and raising transportation costs across the country.Why it mattersEnergy markets are reacting to intensified military actions in the Middle East and Eas https://www.live-feeds.com/feed/us-diesel-prices-hit-record-high-as-conflicts-intensify-supply-crunchhttps://www.live-feeds.com/feed/us-diesel-prices-hit-record-high-as-conflicts-intensify-supply-crunch#u57550Sat, 05 Sep 2026 00:52:55 +0000US diesel prices hit an all-time high average of $5.85 per gallon as of September 4, 2026. This surge is driven by a global supply crunch intensified by conflicts in Russia and the Middle East, specifically the war in Iran. Oil prices have touched $97 per barrel amid these hostilities. The price increase represents a significant jump from the $3.71 per gallon average recorded one year ago, contributing to higher transportation costs and increased inflation pressures across the United States.Why it mattersDiesel is critical for freight and logistics, meaning price spikes directly impact the cos