Diesel prices jumped to a fresh record high as prolonged disruptions in the Middle East and Russian refineries continued to tighten global supplies. The surge reflects ongoing geopolitical tensions and production challenges that have constrained output, pushing benchmark prices to unprecedented levels. Industry analysts warn that sustained supply deficits may keep costs elevated through the remainder of the year, impacting transportation and logistics sectors nationwide.

The record comes amid already strained inventories and heightened demand as the peak driving season approaches.