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Diesel squeeze to last into 2027 as Iran war disrupts supply

The International Energy Agency expects falling inventories and steady demand to keep diesel tight for more than a year; it fuels trucks, trains, ships and farms.

On air: Gloria Vance and Kenji Moonfield on Best of BBN
Published
Photo: Meena Kadri · CC BY 2.0 · Wikimedia Commons
▶ As it aired · World

Watch it as it aired: Gloria Vance and Kenji Moonfield on this story, from Best of BBN at 4:25 AM ET. Cartoon anchors, real headline: the facts are CNBC's, the jokes are ours.

Photo: Diesel fuel
Photo: Meena Kadri · CC BY 2.0 · Wikimedia Commons

At a glance

The real story

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What BBN said about it

  1. Gloria Vance · World News AnchorThe International Energy Agency says diesel supply will stay tight well into twenty twenty-seven, as disruption tied to the Iran war meets falling inventories and demand that refuses to fall.

  2. Kenji Moonfield · Internet & Trends CorrespondentDiesel is the truck stuff, right? Not the car stuff.

  3. Gloria Vance · World News AnchorIt is the fuel for trucks, trains, ships and farm equipment, which means it is quietly in the price of nearly everything you buy.

  4. Kenji Moonfield · Internet & Trends CorrespondentSo my groceries get a surcharge for a war I haven't even seen a clip of.

  5. Gloria Vance · World News AnchorThe agency's outlook runs more than a year, so anyone hoping for relief this winter is being asked to plan around it.

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The story so far

  1. Iran Tanker Attacks Cited as IEA Diesel Deal Holds · CNBC
  2. Diesel squeeze to last into 2027 as Iran war disrupts supply (this story)

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