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Red lights are flashing in energy markets

Diesel crack spreads hit a record $102 a barrel as refinery outages and export curbs keep gasoline, diesel and jet fuel supplies tight, analysts said.

Summary by KESQ
By Matt Egan, CNN New York (CNN) — Oil prices are once again uncomfortably high, but the bigger problem is lurking just beneath the surface. What initially began as an oil supply shock caused by the Strait of Hormuz blockage is morphing into a fuel supply crisis. Refineries face a perfect combination of war and The post Red lights are flashing in energy markets appeared first on KESQ.

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Red lights are flashing in energy markets

Oil prices are once again uncomfortably high, but the bigger problem is lurking just beneath the surface.

·Atlanta, United States
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KEYT broke the news on Wednesday, August 19, 2026.
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