Diesel now costs more than it did under Joe Biden

Diesel now costs more than it did under Joe Biden

With the war in Iran, diesel in the United States has reached $4.09 a gallon, one cent above the average price recorded during Joe Biden's term. Diesel is a critical input for American industry and agriculture, and its price is closely watched by the public. With the midterm elections approaching, the pressure on the US administration and on Donald Trump to bring fuel prices down is intense. Trump has asked American oil companies to lower gasoline and diesel prices, raising the prospect of export quotas that, if imposed, would ripple through the global market — particularly after Russia's decision to halt diesel exports in order to cope with shortages on its domestic market.