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The benchmark weekly retail diesel price rose 19.8 cents to $5.652 per gallon, the highest since military action against Iran began in March. Futures then fell sharply after the US Treasury Secretary signaled a focus on economic pressure on Iran rather than renewed military action.
Retail diesel at a multi-month high raises fuel surcharges and farm and freight costs, though the sharp futures drop shows the price is highly sensitive to Middle East headlines.
freightwaves.comJohn KingstonAug 25, 2026After 250 past bullish geopolitics events, DIESEL moved a median +1.7% over 5 sessions (58% higher; middle half -3.6% to +8.7%), and +0.9% 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.
