Asia Better Prepared Than Europe for Global Diesel Shortage
Asia is better positioned than Europe to weather an impending global diesel crunch. Asian refineries have secured significant crude oil supplies, ensuring continued production despite Gulf transport disruptions. Meanwhile, Europe faces higher diesel prices due to multiple factors including Middle East conflict, Gulf shipping disruptions, and Russian export restrictions. The U.S. may exacerbate the situation by considering export curbs on American fuel.4 sourcesSee all sources










