11 August 2026 16:50 (UTC+04:00)Qabil Ashirov Read moreAttacks on oil refineries in Russia and Saudi Arabia have triggered a sharp increase in diesel prices in Europe and the United States, AzerNEWS reports, citing German newspaper Handelsblatt. In the United States, futures prices for ultra-low-sulfur diesel climbed 7.4% to $4.19 per gallon (3.785 liters), marking the largest daily increase since July 13. The price surge followed attacks on oil refineries in Russia’s Republic of Tatarstan and in Jizan, Saudi Arabia. The attacks have reportedly removed a significant volume of diesel supply from the market, pushing diesel prices higher at a faster pace than crude oil. The increase in fuel prices is particularly concerning for farmers, who rely heavily on diesel for agricultural machinery and transportation.