# Benchmark diesel price is now highest since war began - FreightWaves

> 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.

- Date: 2026-08-25 · published 2026-08-25T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/18072-benchmark-diesel-price-is-now-highest-since-war-began-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

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.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-02-24 | [For 7th straight week, benchmark diesel price is higher - FreightWaves](https://feedsoft.ai/events/20775-for-7th-straight-week-benchmark-diesel-price-is-higher-freightwaves.md) | +8.7% | +52.0% |
| DIESEL | 2024-04-08 | [Benchmark diesel price heads higher; so do world oil markets - FreightWaves](https://feedsoft.ai/events/30915-benchmark-diesel-price-heads-higher-so-do-world-oil-markets-freightwaves.md) | -1.9% | -10.7% |
| DIESEL | 2023-12-26 | [After dropping for 8 weeks, benchmark diesel price turns higher - FreightWaves](https://feedsoft.ai/events/32875-after-dropping-for-8-weeks-benchmark-diesel-price-turns-higher-freightwaves.md) | -3.9% | +1.5% |
| DIESEL | 2025-03-24 | [Benchmark diesel price up first time in 3 weeks, futures markets edge higher - FreightWaves](https://feedsoft.ai/events/25787-benchmark-diesel-price-up-first-time-in-3-weeks-futures-markets-edge-higher.md) | +0.5% | -6.1% |
| DIESEL | 2025-01-21 | [Big jump puts benchmark diesel price back at August levels - FreightWaves](https://feedsoft.ai/events/26677-big-jump-puts-benchmark-diesel-price-back-at-august-levels-freightwaves.md) | -5.8% | -6.3% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/benchmark-diesel-price-is-now-highest-since-war-began

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.