Diesel prices at record highs amid Strait of Hormuz disruption, Russia-Ukraine war
Summary
Diesel prices in the United States have reached a new high, with the average price around $6.43 per gallon as of September 18, 2026. This rise is linked to disruptions in the Strait of Hormuz and ongoing conflicts like the Russia-Ukraine war.Key Facts
- The average diesel price reached about $6.43 per gallon on September 18, 2026.
- Some gas stations, like one in Los Angeles, showed diesel prices above $8 per gallon.
- The price increase is influenced by problems in the Strait of Hormuz, a key oil shipping route.
- The Russia-Ukraine war is also contributing to higher fuel prices worldwide.
- These disruptions are causing shortages and making diesel more expensive for consumers.
- President Donald Trump has commented that global diesel shortages are related to the Ukraine situation and possible negotiations with Iran.
- The situation is ongoing, and prices may change as new developments occur.
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