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Europe’s Diesel Crunch Draws First Mexican Supply in Seven Years

Source: Bloomberg

Energy Markets & PricesGeopolitics & WarTrade Policy & Supply ChainCommodities & Raw Materials

Europe’s diesel supply has tightened to the point that the region is importing diesel from Mexico for the first time in seven years. The disruption is linked to the Iran war and a halt in Russian cargoes, which have upended traditional trade flows. This raises near-term supply risk and could pressure regional diesel prices and availability.

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