
March 21, 2026
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5:15Now PlayingDonald Trump's team accidentally revealed how little they actually care about the economic consequences of Trump's Iran war during CNBC interview, which will wreck farmers as well as make gas, travel and food prices soar. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
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What $5 diesel fuel means for the U.S. economy
"The price of diesel fuel has surged above $5 a gallon in the U.S., the highest in four years, creating new inflationary pressure on anything Americans buy that relies on truck transport — which is to say, pretty much everything.
Driving the news: The average retail price of a gallon of diesel was $5.04 Tuesday, AAA says, up from $3.65 a month ago.
That amounts to a 38% one-month rise in the price of diesel, surpassing even the 30% rise in the price of regular unleaded gasoline over that span.
The Iran war has choked off supplies of crude oil and other commodities from the Persian Gulf, driving up global prices."
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260318__DR05IranWar
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