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The DOE/EIA weekly average retail diesel price fell 7.3 cents to $5.523/gal, the sixth decline in seven weeks. CME ULSD futures fell sharply after talk of a US-Iran-Israel peace deal that could reopen the Strait of Hormuz.
Lower diesel costs reduce freight and fuel surcharges for feed deliveries, and a falling futures curve points to further near-term declines in fuel costs.
freightwaves.comJohn KingstonMay 27, 2026Not enough comparable past events yet for a historical read.
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.
