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Diesel Prices Are Soaring. Here's Why the Cost of Almost Everything Could Rise Next.

  • Posted on August 25, 2026
  • By International Business Times
  • 0 Views
  • 1 min read
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Diesel Prices Are Soaring. Here's Why the Cost of Almost Everything Could Rise Next.
Diesel Prices Are Soaring. Here's Why the Cost of Almost Everything Could Rise Next.

Diesel futures have climbed to roughly $100 above crude oil prices, an unusually wide gap that reflects a global shortage of refinery capacity rather than simply a lack of crude.
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Author
International Business Times

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