WorldPhoto: HT WorldGlobal Diesel Supply Tightness to Continue into 2027, Says IEA
The International Energy Agency (IEA) forecasts that global diesel supplies will remain tight through 2027 due to disruptions in Middle East fuel exports and reduced Russian refinery output caused by the Iran war and Ukrainian attacks. Diesel, essential for transportation and heating, saw a 10% drop in global gasoil exports in early 2026. Increased shipments from the U.S. and China only partially offset the decline.
HT World·