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EconomyUS diesel price hits record high amid Iran war

The US national average diesel price has climbed to a record $5.85 per gallon amid the war with Iran, surpassing the previous peak from June 2022. Gasoline also reached $4.14 per gallon, a record for this time of year. Volatility around the Strait of Hormuz has pushed crude prices higher, raising transportation and production costs ahead of November’s midterm elections.

US fuel pricesdieselIran warStrait of Hormuz

AAl Jazeera★★★★☆2026-09-04 15:28Original

US diesel price hits record high amid Iran war
US diesel price hits record high amid Iran warEconomy