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Diesel prices in the U.S. have risen more than 60% since the war with Iran began, to over $6 per gallon, with European shippers also facing higher costs. Einride, an electric freight company, reports more customer interest in electric trucks as a result, and says its sales pipeline tripled year over year in the first half of 2026.
Higher diesel costs raise transport and logistics expenses for feed ingredients and grain moved by truck, which can widen regional basis and feed delivered prices. The effect on commodity prices is indirect, since the story concerns fleet electrification interest rather than a change in supply or demand for feed.
insideevs.comTim LevinNov 14, 2026After 107 past bullish macro events, ULSD / Diesel moved a median -0.5% over 5 sessions (44% higher; middle half -3.3% to +1.6%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
