Diesel Crisis: Wars Expose World's Dangerous Reliance on Two Regions
📡 Barrons · 1 min read ·
Part of composite article Oil Wars Are Choking the World's Two Most Important Shipping Lanes — 120 Million Barrels at Risk View full article →
The wars in Iran and Ukraine have revealed a critical weakness in global energy supplies. The world depends heavily on the Middle East and Russia for diesel. Refineries that produce this fuel are now the main bottleneck for energy security.