Static Bulletin

US diesel prices hit record high as wars disrupt fuel supplies

The national average diesel price reached $5.85 per gallon, surpassing the previous record set in 2022, according to AAA. The New York Times emphasized disruptions from the Strait of Hormuz closure, damaged refineries and Russia’s fuel-export ban, while Axios focused on rising costs for farmers, truckers and freight companies. Analysts warned that tight refining capacity could keep pressure on fuel prices and broader inflation.