The world’s attention remains fixated on Iran and the Strait of Hormuz, but the four-year slog of Russia’s war in Ukraine continues to have an outsized impact on global energy markets, especially as diesel prices hit all-time highs at the end of this week.
The war in Ukraine has caused periodic…
EADaily, September 5, 2026 – West hit the diesel blade – Iran's crisis and Russia's stoppage of exports are trying to compensate the US full-time NHPs, but record deliveries have already led to a record fall in the US's own stocks, and there is no end to the crisis.