Trump's diesel price relief efforts grow costlier as election nears

The Korea Times - Oct 24, 2026

With the November midterm elections fast approaching, President Donald Trump is throwing an array of costly and politically fraught solutions at one stubborn problem: the price of diesel. His administration has offered billions of dollars to farmers, relaxed rules for truckers, eased sanctions on Russian fuel and pressured European allies to release emergency stocks. Yet diesel prices rose again last week, leaving Trump spending political and financial capital without delivering the relief his party wants as voters go to the polls. Republicans are defending narrow majorities in Congress, and high costs are a major concern for voters. Nearly 80% of Americans blame Trump for higher costs, according to an October Reuters/Ipsos poll. US diesel prices rose nearly 10 cents a gallon in the latest week to an average of $6.28, reversing two weeks of declines and remaining near record highs, according to the Energy Information Administration. Diesel in the last two months has become a central issue not only in the midterms but as a catalyst driving up already-elevated US inflation. The fuel is cri

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