Diesel squeeze to last into 2027 as Iran war disrupts supply: IEA

· Energy · United States

Diesel supply is expected to remain tight well into 2027 as Iran war-related disruption, falling inventories and resilient demand strain the market, the International Energy Agency said. The warning comes as the US, the world's largest diesel exporter, faces rising domestic fuel costs. President Donald Trump's diesel deal with Russia is unlikely to significantly lower global fuel prices despite expectations of rapid relief.

Why it matters：Tight diesel supply keeps inflation pressure on economies and raises transport and farming costs worldwide.

Key points

  • The IEA sees tight diesel supply into 2027.
  • Falling inventories and resilient demand are cited.
  • Trump's diesel deal with Russia is unlikely to lower prices much.

Sources (original reporting)

More stories from this day