Gas and diesel prices spike as experts warn of further increases amid Iran conflict

The Independent · Semafor · first seen 16.09.2026 · updated 18.09.2026

Fuel prices are surging to record levels amid conflict involving Iran, with President Trump dismissing the costs as a minor price to pay.

Gas and diesel prices have spiked to record levels.
Donald Trump described high fuel costs as a very inexpensive price to pay for his Iran war.

Sources

The Independent — Diesel and gas prices are spiking and hitting record levels. Experts say it’s going to get worse
Semafor — US diesel hits record highs as oil supply fears mount
Semafor — US diesel hits record highs as oil supply fears mount

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Gas and diesel prices spike as experts warn of further increases amid Iran conflict — yoteki