US Diesel Prices Top Average Under Trump Amid Inflation Pressure

The price of diesel in the U.S. has surpassed its average under President Biden's administration, even as crude oil prices have retreated from conflict-driven peaks. According to Energy Information Administration data, the average diesel price since January 2025 is $4.09 per gallon, a 43 percent surge to $5.37.

This increase in fuel costs has intensified inflation pressure in the U.S., affecting industries such as agriculture, freight, and manufacturing, where diesel remains a core fuel for moving goods and supporting industrial activity. Crude oil prices spiked above $120 per barrel amid the U.S.-Iran conflict but fell below $80 after signals of a deal.

The low inventories of diesel, limited refining capacity, and Russia's export ban through 2027 have kept pressure on logistics costs and inflation. Analysts warn that coastal regions in the U.S., Europe, and Asia could face further supply strain.