Iran War Drives Bigger Diesel Supply Loss than Trump Claims
Energy analysts estimated Middle East diesel losses at 770,000 barrels a day from March through August, more than double Russia's decline, Bloomberg said.
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Cryptocurrency News | Cryptocurrency Prices | Market CapIran war drives global fuel crisis as diesel tops $200 a barrel
The diesel price surge exacerbates economic strain globally, highlighting vulnerabilities in energy supply chains and geopolitical dependencies.
Direct: Estimates, according to Bloomberg, showed that the war in Iran caused more diesel to be drawn from world markets than that caused by the Russian-Ukrainian conflict, at a time when diesel prices reached record levels, amid continued pressure on supplies ...
Estimates show that the war in Iran caused more diesel to be drawn from world markets than the Russian-Ukrainian conflict, at a time when diesel prices reached record levels, amid continuing pressures on global fuel supplies. The .Blumberg agency, based on estimates collected from energy analysis companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .…
According to estimates confirmed by Bloomberg with traders operating in the diesel market, daily oil supply losses in the Middle East between March and August were more than double the losses originating from Russia. Energy Aspects, Kpler, and...
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