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A US court ruled that President Trump's aggressive tariff policy exceeds his authority, but the ruling's enforcement was put on hold pending appeal. Fuel prices did not rise on the news, and mid-distillate markets remain pressured by fears of a global recession from trade wars.
Recession fears from tariffs weigh on demand for diesel and freight, pushing diesel prices lower. Lower fuel costs would support logistics economics for feed transport.
energyintel.comAuthors Kerry Preston, London Cristina Haus, New York Freddie Yap, Singapore Editor Cristina HausMay 30, 2025After 79 past bearish macro events, ULSD / Diesel moved a median -1.0% over 5 sessions (39% higher; middle half -5.7% to +1.7%), and -1.5% 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.
