Gas up 34% and Diesel 72% in US

Energy prices have surged since the start of war with Iran, lifting inflation in the United States.

· Energy inflation rises: US energy prices increased 5.2% in September compared with the previous month and were 20.4% higher than a year earlier, according to the Consumer Price Index.

· Petrol prices jump: Gasoline prices were reported to be around 34% higher than a year earlier. The average price of regular petrol reached $4.33 per gallon on Wednesday.

· Diesel hits elevated levels: Diesel averaged $6.30 per gallon, up 72% from a year earlier, increasing transport, farming and industrial costs.

· Iran war disrupts oil supplies: The war, which began in late February, has constrained global oil supplies and contributed to rising fuel prices.

· Heating costs increase: The national average heating oil price climbed to $6.04 per gallon, compared with $4.10 before the war, putting additional pressure on households as winter approaches.

· Airfares become more expensive: Airline fares rose 1.2% in September and were 22.4% higher than a year earlier, partly reflecting surging fuel costs.

[ABS News Service/15.10.2026]

Higher energy prices continue to squeeze Americans at the gas pump, lift their heating bills and drive up the price of airfare.

Since the war in Iran began in late February, constraining the global supply of oil, energy prices have soared. Overall, energy prices were up 5.2 percent in September from the month before, and 20.4 percent higher compared with a year ago, according to the Consumer Price Index Report.

Consumers have felt this surge most acutely at the gas station, where the price of gasoline was 34 percent higher than a year ago. According to the AAA motor club, the average price of a gallon of regular gas was $4.33 on Wednesday, slightly up from a month ago, and more than 40 percent higher than at this point last year.

The average price of diesel, which powers trucks, farm equipment heavy machinery and trains, and is lingering near record highs. On Wednesday, it was $6.30, 72 percent higher than a year ago.

Heating oil prices have also climbed sharply since the war began, which will weigh heavily on Americans, especially in the northeast, as colder weather moves in. The national average has soared to $6.04 a gallon, up from $4.10 the week before the war started, according to weekly data from the Energy Information Administration.

Surging fuel costs have pushed up airline fares, which were 1.2 percent higher in September and 22.4 percent higher than at this point last year.