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Trump's Iran War Hits US Farmers With $1.4 Billion More in Diesel Fuel Costs: Report

A farmer loads soybeans into his planter on May 6, 2026 near West Bend, Iowa.

(Photo by Scott Olson/Getty Images)

Trump's Iran War Hits US Farmers With $1.4 Billion More in Diesel Fuel Costs: Report

"Trump’s decision to go to war with Iran drove up the cost of diesel fuel just as farmers were set to start their spring planting."

President Donald Trump's illegal war with Iran is putting significant financial stress on US farmers, according to a report issued on Thursday by Democrats on the Joint Economic Committee.

The report finds that US farmers spent $1.4 billion more on diesel fuel this year when planing corn, soybeans, wheat, cotton, and rice than they did a year ago, representing a 63% yearly increase.

The six states to get hit with the biggest yearly percentage increases in diesel costs all voted for Trump in three consecutive presidential elections: Florida (90.6% yearly increase in diesel costs), Alabama (86.2%), Oklahoma (85.9%), West Virginia (85.8%), Kansas (83.8%), and Indiana (79.5%).

Diesel prices in 2026 hit their peak right in the middle of planting season, and the report estimates that "the average farmer spent $1,500 more to refil their farm's onsite fuel tank... compared to the same high point during the 2025 planting season."

The report notes that it doesn't capture the full extent of economic damage caused the president's unlawful assault on Iran, as its analysis "doesn’t take into account other war-related increases such as the increased costs of running diesel generators that power some greenhouses or the increases at the pump that farmers and truckers face when they drive products to market."

The report adds that the economic pain being felt by farmers thanks to Trump's war will soon hit US grocery shoppers.

"Trump’s decision to go to war with Iran drove up the cost of diesel fuel just as farmers were set to start their spring planting," the report says. "This comes after Trump’s tariffs have already significantly increased costs for farmers and made it more difficult for them to plan for the future. These increased costs... are likely to further contribute to rising grocery costs."

According to data published by the US Energy Information Administration, diesel prices peaked in May this year when they averaged $5.60 per gallon.

While prices initially fell after Trump announced a ceasefire agreement with Iran in June, the war's resumption this month has sent them jumping upward again.

Data published by the American Automobile Association on Thursday showed that the average price of diesel in the US is now back up to $5.20 per gallon, an increase of $0.20 from one week ago.

Despite the economic turmoil caused by his illegal war of choice, Trump has shown little sign of backing off. In an interview with Axios published Thursday, the president said that he was “close” to making a decision on whether to authorize what he described as a “massive attack” on Iran that he vowed would be “bigger than ever before.”

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