Energy Oil MacroMacro

Diesel and jet fuel price spikes as immediate war pass through

April 4, 2026*Walter Bloomberg, Don Johnson

Energy price prints like near record diesel and doubled jet fuel are cited as real economy evidence of conflict driven inflation pressure, reinforcing the idea that transport costs are the first visible hit to households and logistics.

DIESEL PRICES NEAR RECORD HIGH
The national average diesel price hit $5.52/gal this morning (GasBuddy), just 30¢ below its all-time high—likely to be reached within 3–5 days.
Jet fuel costs at Anchorage Airport went from $4.58/gal to $9.65/gal in less than a month
*Walter Bloomberg
Don Johnson
dieseljet fuelinflation

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