# Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries

https://mins.news/en/item/45409

- CNBC, 2026-09-04 12:40 UTC
- Economy
- Original: https://www.cnbc.com/2026/09/04/diesel-price-record-high-ukraine-iran-inflation.html

> Diesel prices have reached a record high as the wars in Ukraine and Iran take refineries offline, raising concerns about inflation. Ukraine’s strikes on Russian refineries have prompted Moscow to ban diesel exports.

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