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00:02President Trump's efforts to lower diesel prices ahead of the November 3rd midterm elections
00:07have failed to deliver relief as fuel costs continue rising, according to Reuters.
00:12U.S. diesel prices climbed nearly 10 cents last week to $6.28 per gallon, according to federal data.
00:19Trump has relaxed trucking regulations, eased sanctions on Russian fuel,
00:24and pressured European allies to release emergency reserves.
00:27He also announced $8 billion in additional farm aid,
00:31pushing projected government payments to farmers to a record $55.4 billion this year.
00:36However, the aid is unlikely to reach farmers before year end.
00:40Industry representatives questioned whether changes to diesel regulations would lower prices,
00:45while analysts identified the Iran war as the primary driver of rising fuel costs.
00:50For all things money, visit Benzinga.com.
