Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries

Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.

# Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports. **Read the full article:** [CNBC](https://www.cnbc.com/2026/09/04/diesel-price-record-high-ukraine-iran-inflation.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*