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82ENERGY

US diesel prices hit record high amid refinery disruptions from Iran and Ukraine conflicts

⚡ Markets: Record diesel prices directly increase costs for transport and logistics sectors, feeding into broader inflation. Bullish for refiner margins and crude oil prices.DieselBrentHeating Oil

The average price for diesel fuel in the United States has reached an all-time high, driven by global refinery disruptions. The ongoing US-Iran conflict and Ukrainian drone strikes on Russian refineries have tightened global supply, fueling inflation and increasing transportation costs.

West MSM 2Financial press 4West Left 1Primary source 2Google West 1Regional 13 countries
11 sources across the spectrum
Financial pressOilPrice — Record Diesel Prices Push Brent Toward $95
West MSMAP — US diesel prices hit a record high, pushing up transportation costs for a long list of goods
Financial pressCNBC — Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries
West LeftCommon Dreams — 'Trump Did It!': At $5.85 a Gallon, Diesel Price Hits All-Time High in US Thanks to War on Iran
Primary sourceUS EIA (energy) — Elevated crack spreads and crude oil prices contribute to higher prices at the pump - U.S. Energy Information Administration (EIA) (.gov)
Primary sourceUS EIA (energy) — - U.S. Energy Information Administration (EIA) (.gov)
Financial pressThe Economist — World in Brief: America releases a blockbuster jobs report; diesel prices reach record highs
Financial pressFinancial Times — Donald Trump’s Iran war sends US diesel prices to record high
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