Diesel shortage to persist into 2027 as Iran war disrupts supply, IEA warns

The National ·
United Arab Emirates

The global diesel shortage triggered by the Iran war is set to persist well into next year, with depleted inventories unlikely to recover until the second half of 2027, the International Energy Agency warned on Wednesday. Supplies of gas oil, which contains diesel and heating oil, will fall short of demand in the fourth quarter, even as refineries increase output towards the yea's end, the…

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