The article says the U.S. average diesel price reached $6.27 per gallon. It also reports that Ukrainian attacks on Russian energy facilities have pressured Russian fuel supplies; the headline says U.S. buyers may reject a proposed 1.8 million-tonne Russian diesel deal and that African-linked tankers are caught in a U.S. blockade.
Pressure on Russian fuel supplies and uncertainty over the proposed deal could tighten available diesel flows and support fuel prices. More expensive diesel can raise agricultural production and freight costs.
After 250 past bullish geopolitics events, ULSD / Diesel moved a median +1.7% over 5 sessions (58% higher; middle half -3.6% to +8.7%), and +0.9% 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.