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Mmastodon WarUkraine first seen 22 h ago, last 22 h ago, peak #9

Europe faces worst impact of looming global diesel shortage

Original: 👀 Европа рискует оказаться главным пострадавшим от надвигающегося глобального дефицита дизеля - топливо там уже значител

Europe risks becoming the biggest loser of an emerging global diesel shortage, Bloomberg reports, with diesel already significantly more expensive in Europe than in Asia. The world diesel market is under pressure from several factors at once, including seven months of war in the Middle East and supply disruptions, raising concerns about fuel costs and shortages across the continent.

Why now: Diesel prices in Europe are rising sharply due to Middle East conflict and supply disruption fears.

EuropeBloombergMiddle EastAsia

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