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News

Axios
axios.com > 09/04/2026 > diesel-prices-record-iran-truckers-farmers

Diesel price surges to all-time high, fueled by wars

1+ week, 2+ day ago   (273+ words) The average price of diesel topped its 2022 record high on Friday, spiking to $5.85 per gallon, per AAA. Why it matters: Farmers, truckers and freight companies have been absorbing higher diesel costs since the Iran war began. The ballooning price threatens…...

Axios
axios.com > 08/28/2026 > trump-iran-hormuz-war-oil

"That sucker is open": U.S. gains the upper hand in the battle for Hormuz

2+ week, 2+ day ago   (351+ words) The Strait of Hormuz has been Iran's most powerful card since the start of the war in late February. But over the past two months, U.S. officials say the American military has steadily eroded Iran's leverage over the crucial waterway. Why…...