Global diesel prices hit record highs, further rises possible
- On Monday, September 21, 2026, U.S. retail diesel prices reached a record average of $6.505 per gallon, surging past $6 in most states as geopolitical tensions strained global supply chains.
- Global diesel shortages stem from the ongoing U.S.-Iran war, which disrupted shipments through the Strait of Hormuz, combined with Ukrainian drone strikes damaging Russian refineries and Moscow extending export bans.
- Record fuel costs are severely squeezing profit margins for truckers and farmers, with long-haul drivers facing fill-up costs ranging from $1,200 to over $1,900 per trip, according to industry data.
- Higher diesel prices are cascading through supply chains, with retailers absorbing freight cost increases that could eventually raise prices for consumers on produce, dairy, and meat products this fall.
- Experts warn heating oil costs could rise by more than 30 percent this winter as the U.S. enters the season with distillate inventories 15 percent below the five-year average.
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590 Articles
The average pump engine price in the European Union has reached a new record level of EUR 2.23 per litre, compared to EUR 2.16 a week ago, shows an analysis carried out by AFP, based on national data published by the European Commission on Thursday, reports Agerpres.
Diesel prices at European Union fuel stations recorded a new record level of Euro2.23 per litre, compared to Euro2.16 the previous week, according to the French Press Agency.
As the fuel price race continues, a new record is recorded: the average diesel prices in the European Union service stations reached a new maximum of EUR 2.23 per litre, compared to EUR 2.16 in the previous week. It is the figure that emerges from an analysis carried out by the France Presse agency based on the data [...] The article "Historical record for the average price of diesel in the European Union service stations": Afp's analysis comes …
Diesel prices at European Union fuel stations recorded a new record level of Euro2.23 per litre, compared to Euro2.16 the previous week.
Records have been broken in 19 EU countries, including Germany, France and Italy, as a result of energy shocks caused by the wars in the Middle East and between Russia and Ukraine.
Reformatorisch Dagblad
The average diesel price at the pump in the European Union has reached a record high of 2.23 euros per liter. This was reported by the French news agency AFP, based on data from the European Commission. In France and the Netherlands, diesel prices already reached new record levels last weekend at 2.41 euros and 2.82 euros per liter, respectively.
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