The Diesel Crisis Is Going Global ...Middle East

A perfect storm in global diesel markets is unfolding. Refining capacities are tight, and stockpiles are being depleted as the Northern Hemisphere cold season begins. Supply crunches could jeopardize critical transportation networks since the industrial fuel powers ships, trucks, and trains. The fuel is also used for heating homes and businesses, as well as a power generation source for utilities.  "Within months, almost every region on the planet will face a danger of a diesel shortage just as supply crunches in nearly all the world's markets…

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