U.S. Retail Diesel Prices Hit Record High as Global Supply Tightens
AAA said the national average climbed 23 cents in a week as supply disruptions and refinery strains pushed fuel costs higher across the economy.
- On Friday, U.S. diesel prices hit a record $5.85 a gallon for the first time, while international benchmark Brent crude trades at more than $95 a barrel amid the 6-month war with Iran.
- Before the war began in late February, diesel averaged about $3.76 a gallon, but prices climbed as crude oil costs soared amid supply chain bottlenecks in the Strait of Hormuz.
- Fuel accounts for roughly 15% to 30% of total food costs, according to the Independent Grocers Alliance. Amazon, FedEx, and the United States Postal Service implemented fuel surcharges as early as April.
- Higher transportation costs now affect clothing, cosmetics, furniture, and other goods. Businesses have already passed these costs to consumers through added fees on online orders and packages.
- Neil Atkinson, energy analyst at the National Center for Energy Analytics, warned that physical stocks are dwindling, citing strain on the global refining system in a briefing with Lloyd's List Intelligence.
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GantNews.comDiesel Prices Reach New All-Time High, Surpassing 2022 Record
(September 4, 2026, DALLAS) – GasBuddy, North America’s trusted fuel savings platform for more than 25 years, today announced that the national average price of diesel has reached a new all-time record high of $5.85 per gallon, continuing to climb and surpassing the previous record of $5.82 per gallon set in June 2022. While gasoline…
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INDIANAPOLIS — Record-high diesel prices are putting pressure on freight and delivery companies, including Midwest Urban Logistics in Indianapolis. Owner Saad Yazid says fuel has become his company’s biggest expense. He operates three diesel box trucks and spends about $3,000 a week on diesel. “It costs more to fuel my trucks than to pay my drivers.” Yazid […]
"Diesel Is the Blood of the Economy": U.S. Prices Just Hit an All-Time High of $5.848 a Gallon
Diesel just shattered a record while crude oil sits well below its peak, and the gap between those two numbers explains why your grocery bill may keep climbing long after any ceasefire.
Diesel Just Hit Its Highest Price in American History, AAA Data Shows — Topping the Record Set After Russia Invaded Ukraine
Diesel just hit its highest price in American history, topping the record set after Russia's invasion of Ukraine — up more than half since the Iran war began. Hormuz disruption is choking crude while Ukrainian strikes knock Russian refineries offline, and refining margins have ballooned. American plants set an export record filling the gap, but East Coast stockpiles sit at a record low as winter nears.
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