Fuel That Powers the Economy Flashes Supply Tightness in Europe.

The diesel market in Europe is experiencing tightness due to refinery halts, sanctions on seaborne imports from Russia, and disruptions in the Red Sea. This tightness is causing diesel prices to rise and putting pressure on sectors such as trucking, farming, and construction. The supply problem is also exacerbated by low imports and seasonal plant maintenance. The threat of drone attacks on Russian facilities adds further uncertainty to the market. Despite a predicted decrease in demand this quarter, analysts expect diesel stockpiles to recover in the future. [Extracted from the article]