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EconomyDiesel prices hit record high as wars in Iran and Ukraine squeeze global supply

Diesel prices have reached an all-time high as wars in Iran and Ukraine constrain global supply. For U.S. consumers, higher diesel costs are likely to raise retail prices for goods ranging from produce and toys to lumber and apparel.

Diesel pricesGlobal supplyIran warUkraine war

NNBC News★★★★☆2026-09-04 10:41Original

Diesel prices hit record high as wars in Iran and Ukraine squeeze global supply
Diesel prices hit record high as wars in Iran and Ukraine squeeze global supplyEconomy