The American Automobile Association (AAA) reported that the average price of diesel fuel nationwide reached $5,85 per gallon. This occurred on September 4, 2026, and marked a new all-time high.
A year ago, a gallon cost $3,71. The increase was nearly two dollars in a short period. The previous record—about $5,82—was set in June 2022 amid the aftermath of Russia's invasion of Ukraine.
The cause is disruptions in global energy markets triggered by the war between the US and Iran. The conflict has led to supply interruptions, spikes in oil prices, and restrictions on key maritime routes.
Diesel is particularly sensitive to such shocks: it is used by trucks, farmers, and industry. Higher fuel costs directly affect logistics and the final prices of goods.
Gasoline is also rising, albeit more slowly. Forecasts suggest that ahead of the holiday weekend, its average price will approach $4,15 per gallon. This is already above last year's levels.
The situation is unfolding against the backdrop of the approaching midterm elections. How will the fuel crisis affect the daily lives of Americans in the coming months?
Experts note that further dynamics depend on developments in the Middle East and the market's ability to adapt to new conditions. For now, record numbers at the pump have become a prominent factor in the economic agenda.
