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Red lights are flashing in energy markets

Diesel crack spreads hit a record $102 a barrel as war damage, export bans and outages squeeze global supplies, analysts said.

Summary by KIFI
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

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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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  • 86% of the sources are Center
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KIFI broke the news in Idaho Falls, United States on Wednesday, August 19, 2026.
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