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Diesel hits record highs as Middle East and Ukraine wars choke refineries

Experts warn consumers will bear brunt of rising diesel costs

3 Sep 23 · 3d ago · 1 article · 1 source · development 3 of 3

PBS reporting details how the U.S. war in Iran and Russia's war in Ukraine have triggered record diesel prices, with experts forecasting higher costs across consumer goods and transportation. Russia, the third-largest refined oil producer globally, saw refinery throughput drop to 20-year lows in June after Ukrainian strikes.

Experts warn consumers will bear brunt of rising diesel costs
pbs.org

“Diesel is the fuel that moves the economy.”

Patrick De Haan

Paul KrugmanPaul Krugman EconomistKenneth Gillingham Yale environmental and energy economics professorJaniv Shah Vice president, Rystad EnergyToril Bosoni Head of International Energy Agency oil industry divisionGregory DeYong Southern Illinois University supply chain management professor

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1Global refining crisis identified as…2–3Experts warn consumers will bear brunt of…
Sep 22Sep 23Sep 24yesterdaynow · 9:46 AM ET

What was reported 1 claim about this development

  1. 2 outlets 3 things to know about rising diesel prices and how they affect you

    first by PBS NewsHour, 2d ago · also PBS

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