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US fleets averaged $5.52 per gallon on diesel, surpassing the June 2022 record, according to Samsara data. The national retail diesel price has risen about 50% since the Iran war effectively halted shipping through the Strait of Hormuz.
Diesel is the second-largest operating expense for truckers, so higher fuel costs raise freight rates and consumer goods prices. Feed buyers face higher delivered costs for feed ingredients moved by truck.
reuters.comNicole Jao, Lisa BaertleinApr 14, 2026After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
After 26 past bullish logistics events, Crude Oil (WTI) moved a median +1.2% over 5 sessions (58% higher; middle half -5.1% to +9.5%), and +2.0% 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.
