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Record Diesel Price of $5.85 Tied to Iran War Disruption

Shipping through the Strait of Hormuz remains well below pre-war levels, with 102 ships transiting last week compared to a pre-war daily average of at least 130.

STRAIT OF HORMUZ (May 11, 2012) The guided-missile cruiser USS Cape St. George (CG 71) and the aircraft carrier USS Abraham Lincoln (CVN 72) transit the Strait of Hormuz. Both ships are deployed to the U.S. 5th Fleet area of responsibility conducting maritime security operations, theater security co
STRAIT OF HORMUZ (May 11, 2012) The guided-missil…      Strait Of Hormuz    Official Navy Page from United States of America Alex R. Forster/U.S. Navy / Wikimedia Commons (Public domain)
By Free News Press Editorial Team
Published September 4, 2026 at 2:13 PM PDT

Diesel prices in the United States hit a record high of $5.85 a gallon on Friday, driven by disruptions to oil shipping caused by the ongoing conflict with Iran. The AAA predicted that travelers would face the highest fuel prices ever recorded over the Labor Day holiday weekend.

Despite President Trump's claims that oil flow out of the Persian Gulf has rebounded, shipping data tell a different story. According to data firm Lloyd's, reported by CBS News, 102 ships transited the Strait of Hormuz last week, down from 126 the week before. Pre-war levels had been at least 130 tankers daily.

Vice President JD Vance addressed the price surge Thursday but declined to say when Americans might see relief at the pump. "Gas, frankly, could have been much, much higher were it not for our efforts," Vance told reporters. He also said he "wouldn't call" the conflict a war.

Separately, Iranian army spokesman Brig. Gen. Mohammad Akrami-Nia argued Friday that the U.S. and Israel had failed to achieve their primary objectives, including the destruction of missile and nuclear capabilities and the overthrow of the Iranian government.

The conflict has also produced civilian casualty allegations that remain under investigation. Video aired by Iranian media showed thousands of mourners attending the funeral Thursday of 4-year-old Amir Mohammad Karimi, who Iranian officials say was among at least four people killed when a U.S. airstrike allegedly struck a wedding party in the city of Kuhestak on Tuesday. A coffin bearing a photo of the boy was carried through the streets of Kuhestak, in Iran's southern Hormozgan Province, before he was buried.

The U.S. military's Central Command said it is looking into the reports. Four military weapons experts reviewed video and photos of the aftermath for Reuters and determined it appeared to have been a likely direct hit with a U.S. munition, rather than a ricochet or other indirect fire. CENTCOM spokesman Capt. Tim Hawkins stressed that the U.S. military does not target civilians.

Vance said Thursday he was "extremely skeptical" of the Iranian allegations but acknowledged the investigation. "We're investigating it because obviously we care, we want to know," he said.

Strait of Hormuz
Strait of Hormuz      Strait Of Hormuz    European Space Agency (ESA) / Wikimedia Commons (Attribution)