The US releases emergency diesel reserves to cope with prices soaring to $6.32
2026-10-21 21:43:23
According to CoinMeta, the Trump administration in the United States will release 315,000 barrels of diesel from a 1 million-barrel reserve of heating oil in the northeast to address the soaring diesel prices ahead of the midterms. Currently, the average price of diesel is $6.32 per gallon. AAA data indicates that this price increase is related to supply disruptions associated with the Iran war. Deliveries are expected to be completed by November 13. The key point is that Washington is resorting to emergency fuel supplies to alleviate the pressure caused by the soaring energy costs.
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