The World’s Diesel Problem Runs Deeper Than the Iran War
OilPrice.com
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The nature of the shortage of diesel and jet fuel is more complex than most people realize. Based on my analysis, a shortfall has existed since at least 2020. The shortage is not simply the result of the closure of the Strait of Hormuz.
In this post, I will provide background information regarding the nature of the shortfall and the international conflict it is leading to. I will also share my thoughts on how, over the long term, the situation might be mitigated.
This is a summary. For the full story, read the original article at OilPrice.com.
Original source: OilPrice.com