Fuel markets are feeling the heat as diesel prices have surged 55 percent since the February conflict erupted between the United States and Iran. The spike follows a broader rally in gasoline, driven by heightened geopolitical risk, supply chain disruptions and tighter inventories across key refining hubs. Analysts warn that the sharp rise could strain transportation costs for businesses and commuters alike, while policymakers grapple with how to cushion the impact on a fragile economy still recovering from pandemic‑era turbulence. The article examines the underlying factors behind the price jump and what it means for consumers and the energy sector moving forward.
As gas prices have soared, so too has the cost of diesel, which is up 55 percent since the start of the war between the U.S. and Iran in February.
