Diesel shortages are Australia’s greatest recession risk
Global diesel prices are tracking at record highs in real, inflation-adjusted terms as conflicts in the Middle East and Russia continue to disrupt refinery operations and export routes. The wars have damaged some refineries while leaving others unable to maintain normal output because they cannot source enough crude oil or export the fuels they produce. The post Diesel shortages are Australia’s…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
