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