The International Energy Agency warns global diesel markets could remain tight well into 2027. Disruptions in Russia and the Middle East have reduced exports and depleted inventories ahead of winter. Combined diesel exports from both regions dropped by 1.3 million barrels per day in September compared with last year. Persistently high fuel prices threaten transport, agriculture, manufacturing and inflation worldwide.
IEA Warns Global Diesel Shortages Could Continue into 2027
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