How Ukraine’s drone strikes on Russia crippled the world’s second-largest diesel supplier
President Donald Trump has blamed Ukraine for surging diesel prices that are hurting Republicans' election chances with the midterms just two weeks away.
Op-eds & Essays with Christof Rühl • Financial Times • May 23, 2022
The Middle East crisis has increased demand for China's clean technologies.
As inventories run dry and the Iran war continues to disrupt transit routes, oil has surged back to more than $100 per barrel. Diesel fuel—the workhorse of the agricultural and trucking sectors—has now soared to historic highs, pushing U.S. exports to record levels.
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Op-eds & Essays with Christof Rühl • Financial Times • May 23, 2022