The World’s Diesel Problem Runs Deeper Than the Iran War
The nature of the shortage of diesel and jet fuel is more complex than most people realize. Based on my analysis, a shortfall has existed since at least 2020. The shortage is not simply the result of the closure of the Strait of Hormuz. In this post, I will provide background information regarding the nature of the shortfall and the international conflict it is leading to. I will also share my…
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