U.S. diesel climbs to $5.13 as Iran tensions tighten fuel markets

Fox Business • 25 Jul 15:58

Diesel fuel prices in the United States rose from $3.56 to $5.13 a gallon after the Iran-related disruption of the Strait of Hormuz, prompting concerns about higher costs for groceries and other goods.

NBC News • 25 Jul 01:24

Rising oil prices linked to the Iran war and new U.S. tariffs have lifted gasoline costs to over $4 per gallon and driven mortgage rates to their highest levels since mid-2025, tightening household budgets.

The Independent • 24 Jul 15:05

Analysts say gasoline and diesel prices are likely to keep climbing in the United States as the conflict between the United States and Iran continues to disrupt global oil supplies.

CBS News • 23 Jul 14:16

Brent crude rose above $100 per barrel following Houthi attacks on shipping in the Red Sea, prompting declines in U.S. stock indexes and raising concerns about inflation and Federal Reserve policy.

Salon.com • 23 Jul 10:30

As fighting between the United States and Iran intensifies, U.S. officials say strategic oil reserves are near historic lows and key weapon stockpiles have been depleted, limiting options for further escalation.

Fox Business • 21 Jul 10:08

The AAA national average for regular gasoline reached $4.02 per gallon, up from previous weeks, amid ongoing U.S. airstrikes targeting Iran.

CBS News • 20 Jul 14:59

The national average price for regular gasoline hit $4.003 per gallon on Monday, while diesel averaged $5.11, amid renewed U.S.-Iran hostilities that are pushing oil prices higher.

NBC News • 20 Jul 14:00

The national average price for regular gasoline rose to $4 per gallon amid a surge in crude oil prices linked to renewed tensions involving Iran and the Russia-Ukraine conflict.

AP News • 20 Jul 09:17

The national average price for regular gasoline reached $4 a gallon on Monday, driven by renewed U.S.-Iran confrontations and rising crude oil prices.

CNN • 16 Jul 14:12

U.S. gasoline averaged $3.94 per gallon and diesel topped $5, driven by limited refinery capacity, high crude prices and strong seasonal demand rather than solely by Middle-East tensions.

Paul Krugman | Substack • 14 Jul 10:30

Analysts say the impact of recent tensions in the Strait of Hormuz on oil prices is limited, as a shortage of refining capacity caused by the Russia-Ukraine war now drives higher consumer fuel costs.

CNN • 14 Jul 10:00

While oil shipments through the Strait of Hormuz have risen, constrained refinery operations worldwide are limiting gasoline and diesel output, keeping fuel prices elevated.

USA Today • 13 Jul 14:55

U.S. gasoline prices jumped to $3.87 per gallon, driven by higher crude prices after renewed U.S.-Iran clashes, despite the United States importing only a small share of its oil from the Middle East.

The New York Times • 13 Jul 14:47

Analysts say that while U.S.-Iran hostilities affect oil flow through the Strait of Hormuz, China's purchasing patterns will largely determine whether prices rise or fall.

Crude Oil Prices Today | OilPrice.com • 13 Jul 14:17

The International Energy Agency reports that despite falling crude prices, gasoline and diesel margins rose sharply in early July due to constrained refining capacity, while renewed U.S.-Iran conflict threatens to keep product markets tight.

AP News • 10 Jul 21:13

The International Energy Agency projects a decline in worldwide oil consumption, but U.S. gasoline demand increased in the second quarter despite higher pump prices.

Al Jazeera • 10 Jul 12:27

The International Energy Agency said renewed fighting between the United States and Iran threatens to prolong the global energy crisis and could stall the rebound in oil supplies.

CNBC • 10 Jul 08:32

The International Energy Agency says global oil demand will drop by about 1 million barrels per day in 2026, the first annual decline since 2020, as conflict in the Middle East disrupts supplies.