Some would pin the price of diesel on the Iran/Netanyahu War.
It ain't necessarily so, even if it is partially so....
...Back in July, when NATO began increased targeting of Russian refinery infrastructure, Russian President Vladimir Putin proactively signed a government order banning the export of Russian diesel fuel. There have been no exports of Russian diesel since, with exceptions to the shipping industry and some humanitarian farm shipments.
Russia is the world’s second largest producer of diesel fuel and as soon as Putin made this announcement global prices of diesel began to rise. Russia then extended the bans, and the current export ban will run from Aug. 1 until Jan. 31, 2027....
Trump has to walk a fine line here, keeping Putin close.
Don't look to the Usual Idiot Democrats to have a grasp on this.
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