By: Eduardo Morales
AgWeb
Since the war in Iran started in February, diesel prices have skyrocketed, deepening the financial strain on farmers’ bottom lines. In January 2026, diesel prices were $3.52 per gallon. By August, prices surged to $5.34 per gallon, according to the U.S. Energy Information Administration. The Joint Economic Committee (JDC) shares that farmers in America have spent $1.4 billion more on diesel during the conflict.