Conflicts in Russia and the Middle East are contributing to market pressure and affecting diesel supplies.

The entities involved

• International Energy Agency →

  autonomous intergovernmental organisation

  • Deutsche Bank CIO comments on energy transition trends, noting high clean energy investment ratios in Europe.07:29
  • Western states, including the US, are competing with China for critical minerals in Africa, with Kenya and the US nearing a deal.06:45
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • The World Bank reports on the severe economic collapse of Lebanon, noting its critical location at regional crossroads in the Middle East.12:34
  • Amid fuel supply panic caused by the Middle East conflict, the government of Bangladesh plans to allow private sector imports of fuel oil.12:25

Related events

• Operational costs driven by the conflict in the Middle East are causing increases in diesel prices.Jul 29
• Food manufacturers in Europe and the Middle East are facing rising production costs due to conflict, drought, and diesel price increases.Sep 9
• Domestic fuel prices in Kazakhstan must align with Russian market costs due to volatility caused by the Middle East conflict.Jun 7
• Conflict continues to disrupt oil markets, prompting a government unit to manage the fuel crisis.Sep 4
• Conflict in the Middle East causes the biggest supply disruption, impacting Marathon Petroleum.Sep 16