US DIESEL JUMPS 70% SINCE FEBRUARY WAR

US diesel prices have surged 70% since the Iran war began in late February, hitting $6.38 a gallon on Thursday. Treasury Secretary Bessent and Energy Secretary Wright are pressing France and Germany to release emergency diesel stockpiles, while President Trump is weighing a US export ban if Europe does not comply. The standoff puts $XLE and the broader energy complex at the center of a transatlantic fuel fight heading into winter.