Concept

Strait of Hormuz

A critical chokepoint for global fertilizer trade, where about one-third of seaborne fertilizer shipments pass through. Its closure due to the Iran conflict has disrupted supply chains, exacerbating price spikes.

Catégorie : Tech

Is the world pricing the risk of a US diesel export ban?

<figure><img src="https://images.theconversation.com/files/766296/original/file-20261014-50-6882u.jpg?ixlib=rb-4.1.1&rect=0%2C1%2C8640%2C5759&q=45&auto=format&w=1050&h=700&fit=crop" /><figcaption>One driver of higher U.S. diesel prices is a major drop in supply from Russia and the Middle East. <a class="source" href="https://newsroom.ap.org/detail/Gasoline%20Prices%20Colorado/56519097b55a490a814a1e9d2aa2df67/photo">AP Photo/David Zalubowski)</a></figcaption></figure>A <a href="https://www.wsj.com/politics/elections/energy-prices-midterm-voters-e360a372">spike in diesel prices</a> is hammering broad sectors of the U.S. economy – especially agriculture and shipping – and becoming a flash point ahead of the November 2026 <a href="https://www.bloomberg.com/news/articles/2026-09-23/diesel-price-spike-hits-farms-food-prices-battleground-states">midterm elections</a>. This squeeze has prompted Re

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21 j

Iran war pushes diesel – the economy’s lifeblood – to record high prices, with no relief on the horizon

<figure><img src="https://images.theconversation.com/files/760249/original/file-20260916-50-6bf50u.jpg?ixlib=rb-4.1.1&rect=0%2C0%2C5000%2C3333&q=45&auto=format&w=1050&h=700&fit=crop" /><figcaption>Diesel fuel prices are at all-time highs in the United States. <a class="source" href="https://www.gettyimages.com/detail/news-photo/sign-displays-the-prices-of-regular-gasoline-and-diesel-at-news-photo/2294723764">Paul Weaver/SOPA Images/LightRocket via Getty Images</a></figcaption></figure>Diesel fuel prices in the U.S. continue to break all-time records, <a href="https://www.eia.gov/petroleum/gasdiesel/">hitting $6.28 a gallon</a> as a national average on Sept. 14, 2026, and they aren’t likely to come down anytime soon. Because diesel is the fuel for freight transportation, farming and construction – and is related to a key heating fuel – the effects are set to spread across the entire U.S. economy.</p

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1 mo

Why fuel prices may go higher still

<figure><img src="https://images.theconversation.com/files/762315/original/file-20260925-50-ci5zbw.jpg?ixlib=rb-4.1.1&rect=0%2C0%2C5000%2C3333&q=45&auto=format&w=1050&h=700&fit=crop" /><figcaption>Oil-related prices are high, but poised to go even higher. <a class="source" href="https://www.gettyimages.com/detail/illustration/businessman-levitating-on-market-trend-in-royalty-free-illustration/1487540755">Afry Harvy/iStock / Getty Images Plus</a></figcaption></figure>If you think your energy costs are high now, the situation may be about to get a whole lot worse. With traffic in the Strait of Hormuz – normally the primary route for oil leaving the Middle East – <a href="https://hormuzstraitmonitor.com/">hovering below 15% of prewar levels</a>, oil prices have <a href="https://www.marketwatch.com/investing/future/cl.1/charts?mod=mw_quote_advanced">increased from US$65 a barrel</a> before the

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1 mo

Why the US-Canada trade war could change how American farmers grow their crops for years

<figure><img src="https://images.theconversation.com/files/756494/original/file-20260827-50-g4gjo3.jpg?ixlib=rb-4.1.1&rect=0%2C0%2C5602%2C3734&q=45&auto=format&w=1050&h=700&fit=crop" /><figcaption>Most healthy soybean fields like this one in Minnesota rely on fertilizer. <a class="source" href="https://www.gettyimages.com/detail/news-photo/agriculture-field-of-healthy-mid-growth-soybeans-in-late-news-photo/2163448535">Richard Hamilton Smith/Design Pics Editorial/Universal Images Group via Getty Images</a></figcaption></figure>U.S. President Donald Trump’s trade war with Canada is getting personal for American farmers. After trade talks between the two longtime allies fell apart in mid-August 2026, Trump imposed <a href="https://apnews.com/article/canada-us-trade-tariffs-trump-857ef76b20a766e370d70176135b678e">50% tariffs on a wide range of Canadian imports</a> worth roughly US$20 billion (C

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2 mo

Agriculture relies on fossil fuels. It’s costing us.

If you’ve had to fill up your vehicle’s gas tank or buy a plane ticket lately, you’ve probably felt the effects of rising fossil-fuel prices. But farmers buying fertilizer for their crops are especially aware of just how far the ripple effects of the conflict in Iran have spread. Fertilizer prices have been on a…

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2 mo