Michelle Brouhard

Head of policy and geopolitical risk, Kpler

Appears in 1 story

Last updated Oct 24, 2026

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US diesel prices hit record high as conflicts squeeze global supply

Built World

Says Russia diesel volumes are too small to move prices

Diesel averaged $6.31 a gallon on October 21, down from the record near $6.52 set in late September but still above $6 since September 10, according to AAA. The price is about 68% higher than the $3.76 average on February 28, when the US and Israel attacked Iran.

Updated Oct 24