Europe will release 42M barrels of emergency oil stocks over the next three months, half of it diesel, to cut fuel prices before winter. France expects pump prices to fall 12-18 cents per liter as soon as next week. #OilPrice#Diesel#Europe#IEA
Refineries have become prime targets in the Gulf and Russia, deepening the global fuel shortage. Ukraine has targeted some 30 Russian refineries, about 80% of capacity, and the Houthis claim a hit on Saudi Arabia's Ras Tanura. #Oil#Diesel#Refining
The tanker billed as the first to bring Russian diesel to the U.S. under Trump's deal with Putin has dropped New York as its destination. Carrying about 40,000 tons, it now lists no port and could head to Cuba. #Diesel#Russia#Cuba
A bipartisan group of US lawmakers warned banks, including Goldman Sachs, and ports in Texas and NY/NJ that importing Russian diesel under Trump's deal with Putin could break federal law and bring civil and criminal liability. #Russia#Diesel#Oil
The global diesel crunch could last well into 2027, analysts say, with Middle East refineries damaged, Hormuz fuel flows limited and half of Russia's refineries offline for months. The Trump-Putin deal won't move the needle. #Diesel#Oil
