Iran war pushes diesel – the economy’s lifeblood – to record high prices, with no relief on the horizon
Colorado, Sep 21 (The Conversation) Diesel fuel prices in the U.S. continue to break all-time records, hitting $6.28 a gallon as a national average on Sept. 14, 2026, and they aren’t likely to come down anytime soon. Because diesel is the fuel for freight transportation, farming and construction – and is related to a key heating fuel – the effects are set to spread across the entire U.S. economy. The inflation-adjusted price of diesel in late August was about as high as it was in 2022 and has likely risen further. There are still three factors that we, scholars of