Diesel prices surge even higher due to Iran war, surpassing $5.38
U.S. diesel prices have exceeded $5.38 per gallon nationally, surpassing the $5 threshold across all major regions amid geopolitical tensions tied to conflict involving Iran. The price surge is applying direct financial pressure on freight carriers and shippers who depend on diesel-powered transportation. This represents a significant cost escalation for ground-based logistics networks that form the backbone of industrial supply chains.