US war with Iran drives diesel fuel prices up during spring planting season, ‘hitting us at the wrong time’, farmers say It has been a tough few years for American farmers. Squeezed last year by tariffs, they lost an estimated $34.6bn when former trade partners stopped buying. Now, the war with Iran has not only depleted crucial fertilizer stores but has also driven diesel fuel up to record prices. Like the trucking industry, agriculture relies heavily on diesel to run machinery, as diesel-powered engines are more fuel efficient than gasoline-powered ones. Continue reading...

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