Benchmark Diesel Price Surges Second Largest Increase Since Start of Iran War

The U.S. benchmark diesel price rose by 33.8 cents per gallon to $5.134, marking the second-largest increase since military action against Iran began in February/March 2026. The rise follows a sharp two-week upward trend and is expected to continue as futures prices on CME show significant gains.

By John Kingston Tue, July 21, 2026 at 7:16 PM GMT+3 4 min read · Yahoo Finance ·

Benchmark Diesel Price Surges Second Largest Increase Since Start of Iran War

Topics: diesel_prices energy_market geopolitical_impact

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