Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA says
Diesel supply is expected to remain tight into 2027 as Iran war-related disruption, falling inventories and resilient demand strain the market, the IEA said.
CNBC reports: Diesel supply is expected to remain tight into 2027 as Iran war-related disruption, falling inventories and resilient demand strain the market, the IEA said.
This world story centres on Iran.
Why it matters
International developments of this kind are often followed closely by governments, aid organisations and global markets.
Key details
- Location
- Iran · Middle East
- Reported by
- CNBC
- First reported
- Key names
- IEA
- Section
- World
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
Trump announces Russian diesel deal amid soaring US fuel prices
Russia to supply 300,000 tonnes of diesel immediately, followed by 1.5 million more, as prices soar amid the Iran war.
Iran: Political infighting deepens as economic woes mount during war
Hardliners are stepping up pressure on Iran's government and calling for Foreign Minister Abbas Araghchi's removal.
Iranian woman handed death sentence for ‘blasphemy’ in social media post
Rights groups warn of Tehran regime’s increasing use of executions to suppress dissent, with at least 600 this year Human rights groups have raised…
Russian diesel not for us, but for world markets: Trump
That's not being released to us, says U.S. President Donald Trump.
A bear with a taste for honey: Winnie the Pooh turns 100
Winnie the Pooh made his debut in a story called "The Wrong Kind of Bees" in the London Evening News.
Spanish royals make sensitive official visit to sensitive Ceuta enclave
Cheering crowds waving Spanish flags filled Ceuta on Tuesday as King Felipe VI and Queen Letizia made a diplomatically sensitive visit to the city…
Ukraine reports Russian attacks with no warnings, Trump says US still sharing intel
US President Donald Trump said on Tuesday that Washington was still sharing intelligence with Ukraine, even as Kyiv reported new Russian missile…
French protests enter 4th week: Demonstrations backing students gather strength
Tens of thousands of people joined rallies across France on Tuesday to support protesting high school students demanding better conditions in a…