The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars. By Emmett Lindner The price of diesel ...

Diesel markets are structurally tighter, with lower inventories and less flexibility to absorb supply shocks than gasoline. Global trade, agriculture, and industry rely heavily on diesel, making ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This voice experience is generated by AI. Learn more. This voice ...

At this stage, it's looking more and more like only rich people can afford gas, and the situation is even worse if you need to fill up with diesel. The cost of diesel fuel rose above $5 per gallon in ...

Diesel fuel prices in California set all-time record highs this week as long-haul truckers and some businesses feel the crunch. The average price of a gallon of diesel Thursday in California was ...

It’s been hard to ignore growing fears of a looming fuel shortage in Australia. Conflict in the Middle East has led to what the International Energy Agency has called the “largest supply disruption in ...

Energy Secretary Chris Wright told CNBC that the administration is working bring more diesel to market as fuel prices surge. Wright said earlier Monday that emergency oil stockpile releases could ...

Roger Conner sells firewood for a living, but he might know just as much about another energy source: diesel. The fuel powers every step of the supply chain for his company, RC Conner Enterprises: the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

U.S. diesel prices jumped above $5 a gallon on Tuesday, marking the highest level since December 2022, as the strain on global energy markets from the war with Iran continues to ripple through the ...

The average price of diesel fuel hit $5.04 a gallon nationwide Tuesday, the latest fallout from soaring crude oil prices brought on by Iran’s blockade of the Strait of Hormuz, a critical oil transit ...

U.S. diesel prices have surged 34% to $5.04 per gallon since the U.S. attacked Iran. Diesel is essential to the U.S. economy. The fuel is used in trucks, trains and barges that transport goods to ...