US diesel hits record $6 a gallon on Iran supply shock (ft.com)

38 points by mraniki 2 hours ago

OgsyedIE an hour ago

Also driving the price up are the Ansarallah advances in Yemen and today's Ansarallah bombings of the Saudi East-West pipeline. The market expects that they'll use military force to attempt to close the Bab al-Mandab strait, with their past attempts at closing the strait, stated goals of closing the strait and newly reported use of Claude to develop medium-range ballistic missile guidance software as evidence.

riffraff 37 minutes ago

Also Related:

Saudi Arabia’s crude output falls to lowest level since 1990 https://finance.yahoo.com/energy/articles/saudi-arabia-crude...

larodi 37 minutes ago

Would be surprising if they don't in fact. In fact it is perhaps quite straightforward to skip Claude and rather tell Qwen 3.8 27b to create an angry birds clone where you track the bird... or something along the line. Pretty sure they are also very good at smuggling various assets through borders, and where not.

comrade1234 22 minutes ago

Yesterday I saw a full-sized 100% electric Volvo semi-truck here in Zurich. It was owned by Aldi and making a delivery to one of their stores. It was a bit louder than I expected but nevertheless impressive.

https://www.aldi-suisse.ch/de/ueber-aldi-suisse/unternehmen/...

jonny2811 18 minutes ago

"Der Volvo-Lastwagen, der für ein Gesamtgewicht von 42 Tonnen zugelassen ist und eine Reichweite von bis zu 320 Kilometern hat"

320km doesn't seem like a long distance for a truck, curious how that works in practice

_djo_ 12 minutes ago

It's optimised for distance to and from the depot and in-city store locations. Presumably it charges at the depot while loading.

Trucks have a lot more space for batteries, so with EV trucks it's all about balancing range and weight for the task. More range means less useful load.

stavros 15 minutes ago

320km seems like a very long distance to go without a rest stop.

zhivota 9 minutes ago

I'd say this should push Americans towards smaller, more fuel efficient cars and EVs, but I know better. The American consumer seems immune to price pressure.

jaapz 18 minutes ago

6 dollars per gallon is 1.37 EUR per liter... Here I am in the netherlands paying 2.74 EUR for a liter of diesel...

randomNumber7 7 minutes ago

This caps the amount of CO2 you can emit; which is good :)

emptyfile 7 minutes ago

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amelius 25 minutes ago

But no worries, we'll soon get $5,000 from the US government and this will allow us to buy plenty of gas.

kotaKat 24 minutes ago

Don't forget the $5000 DOGE dividend, the $2000 tariff refunds, the $500 Obamacare refunds, and the thousands+ in Trump Accounts!

(But $10k in student loan relief? That's Socialist!)

mcv 22 minutes ago

If all of that is possible, why not just provide a reliable basic income? Why does it need to feel like a politician is bribing you for your vote?

beloch 14 minutes ago

"War is merely the continuation of policy by other means."

"Since war is not an act of senseless passion but is controlled by its political object, the value of this object must determine the sacrifices to be made for it in magnitude and also in duration. Once the expenditure of effort exceeds the value of the political object, the object must be renounced and peace must follow."

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Clausewitz would have been flabbergasted by this war. If we're being overly generous to Trump, we might call it an act of senseless passion. The reality is probably worse. The U.S. still hasn't seemed to figure out what it's policy goals or winning conditions are, aside from the president's desire to be an all-powerful winner. Trump seemingly places no value on his nation's blood or treasure, so it might be a very long time before he begins to feel the effort his nation is expending isn't worth the value of his own vanity.

The U.S. needs to have its magna carta moment and reign in its mad king. Maybe that will come with the mid-terms, or maybe this war will drag on for two more years. Trump isn't going to stop it, now or after the mid-terms. As far as he's concerned, the pain isn't his.

larodi 37 minutes ago

Almost nearing the price in Europe. So still early to complain.

LoganDark 33 minutes ago

This reminds me of when people were calling the UK a bunch of wimps for complaining about record high heat of like 80F, just because Americans have been dealing with 100F or more for years (over 100 years in some cases). So what that prices in Europe have already been higher? Prices in America haven't been, so it's a shock to them.

roryirvine 21 minutes ago

More of a shock, if anything - the higher taxes in Europe act to damp price swings, so sudden rises like this hit America proportionately more.

LoganDark 9 minutes ago

bigcheeto 15 minutes ago

I bet they post record profits

undefined 22 minutes ago

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swarnie an hour ago

Let's get this to $7 next.

The people need to learn.

epolanski 18 minutes ago

Which people?

Because the responsibility lies in the founding fathers thinking that electing kings with little to no checks was a good idea.

juliusceasar an hour ago

The whole world is suffering because of this 2nd Epstein War. Current administration being blackmailed by Israel.

Kelteseth an hour ago

Only the countries that have not yet transitioned to clean energy

cjrp an hour ago

And countries that import goods. If you supply chain needs diesel, you're going to be paying more.

Kelteseth an hour ago

LunaSea an hour ago

That's basically all countries

XorNot an hour ago

That's all of them.

vrganj an hour ago

toasty228 an hour ago

There is no clean energy, we don't know how to build any of the "clean energy" harvestors without using massive amount of fossil fuel.

chpatrick 39 minutes ago

lotsofpulp an hour ago

I thought reduced fossil fuel usage benefits the world.

TomWhitwell 41 minutes ago

“In 2025, the global fleet of EVs avoided the consumption of around 1.7 million barrels of oil per day” https://www.iea.org/reports/global-ev-outlook-2026/executive...

expedition32 an hour ago

It's quite funny how Trump is killing European industry. Literally everything America has been doing the last few years has benefited China.

The Chinese economy has real weaknesses make no mistake about it and a competent US leader could have worked with his global allies to exploit them.

cpursley 24 minutes ago

They started that path to economic suicide by deciding they don't want cheap gas as well as shutting down reactors. Well, depending on your geopolitical beliefs, entire situation was possibility coordinated to get Europe on American LNG and off the stuff piped from Rusland and the Middle East. This was all in play well before Orange Man, but wow did he push the gas pedal down and accelerate it (pun intended). BTW there's only one way out of it, but many Europeans aren't going to like the medicine nor the global primacy people running the USA.

yolo3000 15 minutes ago

Cheap gas from the Russians? No thank you

epolanski 15 minutes ago

As an European, trust me, Trump has little to do with it.

We've been doing fine championing our nationalism instead of creating a strong internal market.

Because Hungarians decide in Hungary and Spaniards in Spain doing business across Europe is still very tough.

And it doesn't help our train economies are all export economies, which is a broken model for quite some time (yet trump seems to not see it).

DarmokTanagra 32 minutes ago

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spiclk 35 minutes ago

The "just stop oil" folks must be delighted with the direction of things in the middle east.

theplumber 19 minutes ago

I think it just proves them right. China seems to be doing OK partly due renewables push. But what do I know, electrification is a Chinese hoax.

ZeroGravitas 4 minutes ago

Trump explicitly claimed that China sells wind turbines to other countries but doesn't use them for their own needs.

That is of course a stupid lie.

But it's amazing how many smart liars say something similar to "China controls 70℅ of the global wind market" without clarifying that they install nearly all of that in China because they installed 73% of new wind capacity in 2025.

mcv 21 minutes ago

I would prefer to stop the demand rather than the supply. The high prices encourage production elsewhere.

cpursley 27 minutes ago

But how will they protest if they can't drive and meet up or fly to those green events?

lazyasciiart 18 minutes ago

Indeed, how will anyone get to London or NYC or ...

vrganj 25 minutes ago

Take a train or a bike? Y'know, the thing they're advocating for?

Hell, Greta Thunberg crossed the Atlantic on a sailing ship.

GJim a few seconds ago