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Wars disrupt diesel supply, lifting global prices

Wars in the Middle East and Ukraine have blocked shipments from regions that normally supply almost a third of the world’s diesel exports, tightening supply.

Reported · Written up by our desk · Energy

WSJ Markets reports that diesel prices are rising as conflicts disrupt supplies from key regions.

The outlet says wars in the Middle East and Ukraine have blocked shipments that normally support nearly one third of global diesel exports.

As those shipments are stalled, the resulting supply squeeze helps explain why diesel prices have moved higher.

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