Traders warn of looming global diesel shortage | Financial Times

Global markets face a squeeze on diesel because of sanctions on Russia, with Europe most at risk of a “systemic” shortage that could lead to fuel rationing, the world’s top trading groups have warned.

Torbjorn Tornqvist, co-founder and chair of Geneva-headquartered Gunvor Group, said: “Diesel is not just a European problem, this is a global problem. It really is.”

Traders warn of looming global diesel shortage | Financial Times