Global diesel shortage likely to last into 2027
The price of diesel is more than $7 per gallon Sept. 17 in Reno, Nev.
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The price of diesel is more than $7 per gallon Sept. 17 in Reno, Nev.
Mark Robison, USA TODAY NETWORKNEW YORK — A global diesel shortage fueled by wars in Iran and Ukraine is unlikely to ease before next year, according to storage market indicators and industry participants, extending a spike in fuel costs that is weighing on economies worldwide.
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