{
  "id": 14442235,
  "title": "Diesel supplies to remain ‘tight’ into 2027 amid Iran war fallout, says IEA",
  "url": "https://urgent.news/2026/10/14/diesel-supplies-to-remain-tight-into-2027-amid-iran-war-fallout-says",
  "topic": "world",
  "section": "World",
  "published": "2026-10-14T11:39:36.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/10/14/diesel-supplies-to-remain-tight-into-2027-amid-iran-war-fallout-says-iea/239131"
  },
  "original_language": "en",
  "account": "The International Energy Agency (IEA) has forecast that diesel supply shortages in the Gulf will persist through 2027 following the US-led war against Iran. The Paris-based agency stated this in its latest energy markets report, noting that restoring depleted stocks will take time. Diesel prices have skyrocketed across Europe and the United States recently due to reduced oil exports from the Gulf and damage to refineries in the region from Iranian retaliatory attacks. In response, governments have lowered fuel taxes or provided subsidies, and tapped strategic reserves that will require replenishment. While refining capacity is expected to recover by early next year, this is not anticipated to fully offset the deficit caused by the February US and Israeli strikes against Iran, which caused global energy prices to surge. If Gulf supplies do not return to normal soon, \"further demand reductions and the heavy economic costs these will entail may be needed to balance markets,\" the IEA cautioned.",
  "summary": "PARIS, Oct 14 — Diesel supply disruptions in the Gulf stemming from the US war against Iran will keep the market t...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}