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2026-07-16 21:56:59
[US Diesel Returns to $5 Mark, Hormuz Standoff Pushes Up Energy Costs, Drivers and Logistics Under Pressure] ⑴ Data from the American Automobile Association (AAA) shows that the average price of diesel in the US has once again exceeded $5 per gallon, while the average price of gasoline has also rebounded to nearly $4, essentially returning to the high point before the signing of the US-Iran memorandum of understanding in June, highlighting the continued transmission of geopolitical conflict to end-user energy costs. ⑵ A year ago, the average price of diesel was only $3.72, currently about $1.25 higher, significantly increasing cost pressure on the logistics and transportation industries. Truck drivers and supply chains reliant on road transport are directly impacted by rising fuel costs. ⑶ This week, Iran announced the closure of the Strait of Hormuz, and the US immediately imposed a comprehensive blockade on Iranian ports. Both sides claim to be the guarantor of the security of this strategic waterway. Coupled with a new round of cross-border airstrikes, the international crude oil wholesale market has fluctuated significantly. Currently, Brent crude oil prices are hovering around $81 per barrel, although not reaching the peak levels of the previous conflict, the White House's erratic policy signals continue to put pressure on the market. (4) Trump briefly declared that the United States would take over the Strait and impose a 20% fee on goods passing through it, but the plan was quickly shelved due to opposition from all sides. Such capricious statements have further exacerbated the volatility of oil prices. The future trend of energy prices will depend on whether the military standoff between the United States and Iran escalates and whether the passage through the Strait can be restored.
