Doomsday shortages
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Forwarded from Fireworks Daily Team 2.0 (Mezlim)
🇷🇺 — Russia's potential diesel export ban could trigger fuel shortages across multiple regions, the Financial Times reports.

➡️ A Russian ban on diesel exports risks causing fuel shortages in Africa, Latin America, and Southeast Asia.

➡️ Moscow's decision coincides with Trump's announcement ending the US-Iran ceasefire, which has further reduced Persian Gulf supply flows.

➡️ The combined effect has driven a sharp rise in wholesale diesel prices in Europe, with trading data showing prices approaching $135 per barrel.