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Continuing story · 2 reports

The US diesel price surge

First aired Latest aired

Gone quiet since

Where it stands

US diesel prices first crossed $6 per gallon, a 60% rise from a year earlier. The latest report says Ukrainian strikes have reduced Russian diesel exports and that war and Strait of Hormuz restrictions are tightening supply; US prices reached reported levels of $6.30 on average and a $6.44 peak. The surge remains above the charter’s threshold, and no next step or new stable price level is reported.

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Continuing storyDay 6

2 reports2 outlets2 sources2 videos

  • No dated events yet
  1. Update 1Diesel Hits $6, Trump Points at Ukraine. The Data Points Elsewhere.
  2. Update 2700,000 Barrels Gone: Drones and Blockade Drive Diesel to Record

The story so far

  1. Update 24 days later

    700,000 Barrels Gone: Drones and Blockade Drive Diesel to Record

    Ukrainian drones have knocked out most of Russia's diesel exports as an Iran war squeezes Hormuz, sending U.S. pump prices past records and Russian drivers into lines.

    Still open after this report

    • No reconciliation of whether $6.30 and $6.44 measure average versus peak, different days, or different sources.
    • No named refineries, no current operating status beyond cut or halted, and no detailed terms for Zelensky's proposed parallel concessions.

  2. Update 1

    Diesel Hits $6, Trump Points at Ukraine. The Data Points Elsewhere.

    US diesel topped $6 for the first time. Trump blamed Ukrainian strikes on Russian refineries — but Hormuz, tight refineries and record exports tell a different story.

    Still open after this report

    • No precise quantified share of the price rise from Ukraine strikes has been established.
    • No confirmed Ukrainian official response to Trump’s demand.

History

  1. Opened1 report

Who's involved

People

  • Donald TrumpPresident of the United States (2017–2021; since 2025)2 reports
  • Volodymyr ZelenskyyPresident of Ukraine since 20192 reports
  • Vladimir PutinPresident of the Russian Federation1 report

Places

  • RussiaRussia2 reports
  • Strait of HormuzStrait of Hormuz2 reports
  • UkraineUkraine2 reports
  • United StatesUnited States2 reports
  • IranIran1 report

Every outlet we read on this story

2 sources2 outlets2 videos

Related coverage

  1. Follow-upTrump Halts Most New Russia Sanctions Before Promised Diesel Relief Is Proven
  2. BackgroundG7 pledges reserve release after U.S. threatens allies' diesel supply