LIVE: Daily Energy Markets Podcast 2026
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Average U.S. diesel prices remain stuck above $6 a gallon, raising fuel costs in trucking, agriculture and construction.
The Middle East crisis has increased demand for China's clean technologies.
As inventories run dry and the Iran war continues to disrupt transit routes, oil has surged back to more than $100 per barrel. Diesel fuel—the workhorse of the agricultural and trucking sectors—has now soared to historic highs, pushing U.S. exports to record levels.