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US diesel prices surge 70% since Iran war began despite Trump’s efforts to boost supply

AAA says average diesel reached $6.28 a gallon as wars in Iran and Ukraine tighten global fuel markets and limit the impact of Trump’s supply steps.

Summary by CNBC-TV18
US diesel prices remain at near record highs, up 70% since the USIsraeli war on Iran began despite two highprofile recent moves by President Donald Trump to boost supplies of the fuel: pressuring allies to release emergency reserves and expanding access to taxexempt reddyed diesel.

8 Articles

Video by American political analyst Naaman Abu Issa: Diesel prices in America have reached their highest levels

A window from an analytical article published by Reuters concluded that the actions taken by President Donald Trump's administration to increase diesel supplies had not yet succeeded in lowering prices, because the crisis was caused mainly by a severe global shortage of refining products, not by taxes or temporary local disturbances...

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The Straits Times broke the news in Singapore, Singapore on Friday, October 9, 2026.
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