Diesel Shortages Could Persist Into 2027 as Middle East and Russia Disruptions Drive Prices Higher, IEA Warns
By Samuel NwiteNigeria
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Global diesel markets could remain tight well into 2027 as conflicts in the Middle East and Russia constrain supplies, refinery disruptions erode inventories, and record-high prices intensify pressure on businesses and consumers ahead of peak winter demand, the International Energy Agency (IEA) warned on Wednesday. The agency said a recovery in refinery operations towards the […]
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About this article
- Length
- 80 words · 1 min read
- Published
- October 14, 2026
- Byline
- Samuel Nwite
- Source
- Tekedia