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IEA Warns Diesel Markets Stay Tight Into 2027

Europe diesel prices could rise again as Gulf war chokes supply

Negative1 min read
IEA Warns Diesel Markets Stay Tight Into 2027

AI Summary

The IEA warned diesel markets will stay tight into 2027 as Gulf supply recovery remains fragile amid Iran's Strait of Hormuz attacks. Brent crude spiked above $107 per barrel, with diesel benchmarks nearly double crude prices.

Keywords

diesel marketsIEAoil pricesStrait of Hormuzenergy supply
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