Diesel Hits New Record Above $6.50 As Export Ban Fears Mount, Gasoline Squeeze Looms
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Source: Zero Hedge
Published: 2026-09-22 07:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Europe, Ukraine/Russia, Economy & Finance, Financial Markets, Trade & Sanctions, World News, US Politics, Business & Economy, Retail
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Snippet:
UBS analysts warned that the global diesel squeeze could get worse as two major suppliers potentially pull barrels from an already strained petroleum products market. Russia may extend diesel export restrictions through October, while chatter in Washington about a US fuel export ban continues to grow.
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