Diesel Crisis: Wars Expose World's Dangerous Reliance on Two Regions
📡 Barrons · 1 min read ·
Part of composite article Diesel Crisis Will Last Until 2027 as Wars in Iran and Ukraine Choke Global Fuel Supplies View full article →
The wars in Iran and Ukraine have revealed a critical weakness in global energy supplies. The world depends heavily on the Middle East and Russia for diesel. Refineries that produce this fuel are now the main bottleneck for energy security.