U.S. diesel prices have topped $6.50 a gallon for the first time, extending a rally fueled by supply disruptions from the war in Iran and Ukrainian strikes on Russian refineries.
The nationwide average rose to $6.51 per gallon on Sept. 21, according to the American Automobile Association (AAA), which cited war-related disruptions in crude oil markets as a key factor driving up prices at the pump.
Diesel powers much of the country’s trucking, freight, farming, and delivery networks, making higher prices a source of pressure on transportation costs across the U.S. economy.
About 10 percent of America’s service stations now charge more than $7 a gallon for diesel, while prices at the cheapest 10 percent average $5.83, according to GasBuddy analyst Patrick De Haan….