US diesel prices rose to their highest level since April, highlighting added inflationary pressure from ongoing conflicts. AAA data showed the national average retail diesel price climbed on Tuesday to $5.688/gal, marginally below April’s peak, which

2026-09-02

US diesel prices rose to their highest level since April, highlighting added inflationary pressure from ongoing conflicts. AAA data showed the national average retail diesel price climbed on Tuesday to $5.688/gal, marginally below April’s peak, which had been the highest since mid-2022. This year’s Middle East fighting and the Russia‑Ukraine war have pushed diesel higher. Russia, a major diesel exporter, has cut shipments after repeated refinery attacks. Earlier this week Trump pressed US refiners in a closed‑door meeting to raise domestic diesel and gasoline output. In an Aug. 28 note, Goldman Sachs analysts said "diesel remains at the core of the rally" as energy prices rise.