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Diesel price surges to all-time high, fueled by wars

Axios·September 4, 2026·1 min read
Diesel price surges to all-time high, fueled by wars

The average diesel price topped its 2022 record on Friday, spiking to $5.85 per gallon, per AAA. The surge, driven by the Iran war and Ukraine's drone attacks on Russian refineries, threatens to raise shipping costs and add inflationary pressure for consumers.

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