US diesel and gasoline prices hit records amid Iran war and Strait of Hormuz volatility
Diesel prices in the United States have reached a record national average of $5.85 per gallon, according to the American Automobile Association, as the war with Iran continues to unsettle energy markets. Gasoline prices also climbed to $4.14 per gallon, setting a Labor Day weekend record ahead of the holiday travel period. The price moves come as traders and consumers continue to watch the Strait of Hormuz, a key route for global oil shipments.The diesel record was reported on Friday and surpassed the previous high set in June 2022 after Russia's invasion of Ukraine. Diesel is widely used to power... [Continue Reading]
360LiveNews | 04 Sep 2026 17:00 LONDON
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