What war in Iran means for diesel and domestic freight
The Strait of Hormuz closure is rewriting the fuel outlook for U.S. trucking just as the industry claws its way out of a three-year downturn.
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Forecast now for up to +13.6 bonus points if your prediction is correct.
July 7, 2026
$2.90/gal - $6.00/gal
Use the EIA reported national average for week ending closest to June 30, 2026. Round to nearest cent. Source: https://www.eia.gov/petroleum/gasdiesel/
June represents the traditional low point of annual diesel pricing cycles, and 2026's June reading will signal whether the forecast decline has materialized. Current forecasts center around $3.41, but tariff-driven economic slowdowns or Middle East supply disruptions could push this significantly higher or lower.
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