Gas Prices Top $4 in Palm Beach County as War with Iran Surpasses 6-Month Mark
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6 Articles
Diesel Hits $6.20 As Trump Points At Ukraine Over His Own Iran War
Trump wants Zelenskyy to stop hitting Russian refineries, but most of this year's diesel spike traces to his own war with Iran, and it reaches US pumps largely through Canadian crude. The post Diesel Hits $6.20 As Trump Points At Ukraine Over His Own Iran War appeared first on the deep dive.
US Diesel Prices Hit a Record $6.20 a Gallon as Iran War Chokes Hormuz
US diesel prices hit a record $6.20 a gallon this week, up from $3.69 in January 2025, as the US-Iran war chokes tanker traffic through the Strait of Hormuz. Trucking margins, already thin, are absorbing much of the shock, and economists say the price won't fall until refining capacity, not just the war, comes back online.
Diesel prices have skyrocketed almost 60% since the United States and Israel attacked Iran at the end of February.
US diesel prices hit record $6.20/gallon, up 78% in nine months
Rising diesel prices could strain logistics and freight sectors, potentially leading to broader economic impacts and influencing oil market dynamics.
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