War-driven supply shocks threaten global diesel market ahead of winter

Europe is bracing for a severe winter diesel shortage as conflicts in the Middle East and Ukraine constrain global supplies and drive up prices, threatening significant regional inflation.   Disruptions in the Strait of Hormuz, damage to Arabian Gulf refineries, and Ukrainian strikes on Russian facilities have restrict

You may be able to electric vehicle your way out of the fuel crisis hitting your daily commute, but those spikes will hit you on your next flight, and in your shopping basket.