Commodities
Home›Commodities›Energy›Diesel and jet fuel shortage dates back to at least 20…
Diesel and jet fuel shortage dates back to at least 2020
Oilprice reports that the global shortage of diesel and jet fuel is more complex than many explanations tied solely to current regional conflicts, and that the shortfall has been present since at least 2020.
The outlet says the diesel and jet fuel shortfall is not just the product of the closure of the Strait of Hormuz, pointing instead to broader underlying factors driving the imbalance.
Oilprice also frames the shortage as part of the international conflict dynamics around energy supply and demand, with the piece offering background on how the fuel constraints connect to the current situation.