The AAA motorists' association reported on 2026-04-12 that US diesel prices hit a record high of $5.85 per gallon. ^[1] Global bond markets are facing deepening factors that increase borrowing costs and push yields higher, driven primarily by geopolitical tensions. ^[2] Donald Trump threatened to stop trade with countries where the US runs a high trade deficit if the Federal Reserve does not lower interest rates. ^[3] US President Donald Trump called on the Federal Reserve to lower interest rates following the release of August employment data that exceeded expectations. ^[4] The AAA motorists' association noted that the current price of $5.85 per gallon is up from $3.71 a gallon a year ago. ^[5] The AAA motorists' association stated that the surge in diesel prices is caused by disruption from the war between the US and Iran. ^[6] Geopolitical tensions, specifically an Iran-focused war, caused a sharp increase in energy prices, which in turn pushed global inflationary pressures higher. ^[7] Collopy argued that the new policy could make people who lawfully enter the US more vulnerable to arrest and deportation when they later seek asylum. ^[8] Collopy, an immigration lawyer, stated that the new US visa policy risks turning the legal immigration system into another detention tool. ^[9] Diesel fuel is used by farmers to run equipment and powers trucks needed to transport food to grocery stores. ^[10] The article was published on 2026-09-05 by NewsFeedDree. ^[11]