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Global diesel shortage: why Gulf refined fuel exports lag crude oil shipments

12 Oct 2026, 11:00 UTC · 1 source
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🚨 GLOBAL DIESEL PRICES STAY NEAR RECORD HIGHS Net diesel exports from Gulf countries averaged 390,000 barrels per day in August. That was just over a quarter of their levels before the US-Israel war on Iran, according to the IEA. Source: South China Morning Post #Gulf #diesel #crudeoil

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