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EconomyUS diesel prices hit record high as conflicts intensify supply crunch

Average U.S. diesel prices reached a record high on Thursday as renewed hostilities between the United States and Iran, along with disruptions from Ukrainian attacks on Russian refineries, deepened a global supply crunch. Russia is a major diesel exporter.

diesel pricessupply crunchUnited StatesIran

RReuters★★★★☆2026-09-03 23:15Original

US diesel prices hit record high as conflicts intensify supply crunch
US diesel prices hit record high as conflicts intensify supply crunchEconomy