The International Road Transport Union reported that fuel prices remain high and volatile as the Iran conflict continues to disrupt oil transit through the Strait of Hormuz, with diesel reaching $5.62 per gallon nationally and $7.72 in California, according to the IRU. The organization warned that the longer free transit remains disrupted, the longer diesel prices will stay elevated — with no structural relief expected until Strait passage normalizes.
Operator takeaway
The IRU is telling the global transport industry that diesel relief is not coming soon — if you have not added a written fuel surcharge clause to every active contract, you are absorbing a cost increase that the rest of the freight industry has already documented and passed through.