# Spiking US diesel prices keep trucking industry stuck in years-long slump | Reuters

> US diesel prices have risen about 50% due to the US-Israeli war on Iran and Iran's control of the Strait of Hormuz, with the national average reaching $5.38 per gallon. Independent truckers face squeezed cash flow while flat freight demand persists.

- Date: 2026-03-27 · published 2026-03-27T12:00:00.000Z
- Category: geopolitics · region US · magnitude low
- Page: https://feedsoft.ai/events/20336-spiking-us-diesel-prices-keep-trucking-industry-stuck-in-years-long-slump
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher diesel costs raise feed delivery and freight expenses for buyers and may pressure trucking capacity. The price effect on feed commodities is indirect, mainly through logistics costs.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-10-09 | [US diesel prices remain high despite Trump’s moves to boost supplies By Reuters](https://feedsoft.ai/events/637-us-diesel-prices-remain-high-despite-trump-s-moves-to-boost-supplies-by-reuters.md) | -1.2% | -7.9% |
| DIESEL | 2026-08-24 | [Why diesel prices keep rising](https://feedsoft.ai/events/18073-why-diesel-prices-keep-rising.md) | -2.9% | +10.0% |
| DIESEL | 2025-09-24 | [Diesel Traders Bet on Price Spike as Russia Refineries Hit - TT](https://feedsoft.ai/events/23065-diesel-traders-bet-on-price-spike-as-russia-refineries-hit-tt.md) | -0.1% | -5.3% |
| DIESEL | 2026-08-24 | [Diesel Prices Surge, Spot Rates Plunge: Why Trucking Costs Are Disconnected - FreightWaves](https://feedsoft.ai/events/18071-diesel-prices-surge-spot-rates-plunge-why-trucking-costs-are-disconnected.md) | -2.9% | +10.0% |
| DIESEL | 2026-08-26 | [Diesel Prices: It’s a Refining Crisis, Not Crude](https://feedsoft.ai/events/18074-diesel-prices-it-s-a-refining-crisis-not-crude.md) | +11.5% | +15.5% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/spiking-us-diesel-prices-keep-trucking-industry-stuck-years-long-slump-2026-03-27/

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