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Tuesday, October 27, 2026Updated 20:57 UTC

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The Diesel Crisis Is Here To Stay

Source: OilPrice.com · Oct 27, 2026 19:00 UTC

City lights along the Mediterranean Sea at night, seen from the International Space Station — File photo NASA · Public domain · Source

The Quick Take

The diesel crunch is set to persist well into 2027 as supply remains limited by the Middle East conflict and the damaged Russian refineries, analysts say. Attempts at transient small supply-side solutions like the Trump-Putin diesel deal are not expected to move the needle in the very tight global market. Until refineries in the Middle East, damaged by Iranian strikes, return to full operations, o

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