Diesel Prices in the U.S. Won't Return to Normal Within a Year

▪️Half of the 100 oil and gas companies surveyed by the Federal Reserve Bank of Dallas believe that diesel fuel prices in the U.S. will not return to 2025 levels for at least four quarters, according to the Financial Times

▪️A study shows that the fuel crisis caused by the war with Iran and Russia’s ban on fuel exports will have a long-term impact on global energy markets

▪️In September, the price of diesel fuel in the U.S. reached a record $6.50 per gallon, surpassing the previous high set in 2022

▪️The sharp rise in prices has hit farmers and small and medium-sized businesses in the U.S. Republicans fear that if prices do not fall, it could lead to a negative reaction from voters in the midterm elections

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