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diesel fuel

▤ 4 related stories⌁ 200+ search traffic◷ Updated Sep 24, 2026, 2:00 AM UTC
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The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said. The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said. The Federal Reserve raised interest rates for the first time in three years on Wednesday, a sign of concern about rising prices. Meanwhile, the cost of diesel fuel hit a new record on Wednesday, for the eighth day in a row. Nancy Cordes reports on rising prices and Kelly O'Grady has more details on the Fed's decision.

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