News18 (English) ·
Why Has Diesel Suddenly Become So Expensive? Trump Blames Ukraine, But There’s More To It
Russian refinery disruptions, the Iran war and depleted global inventories are squeezing diesel supplies, pushing prices to record highs. So, what happens next?
US President Donald Trump has urged Ukrainian President Volodymyr Zelensky to stop attacks on Russian diesel infrastructure, arguing that the strikes are contributing to fuel shortages and “hurting the world". Trump has also said Russia and Ukraine agreed to stop attacks on each other’s energy infrastructure. But would that “understanding" bring quick relief to the global diesel market?