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EconomyRefined product deficits, not crude supply, strain energy market — US energy secretary

US Energy Secretary Chris Wright said the global energy market is being strained mainly by shortages of diesel and other refined petroleum products rather than crude oil supply. He linked the tightness to the global impact of Ukrainian strikes on Russian fuel and energy infrastructure and said Russia is currently exporting no diesel.

energy marketrefined fuelsRussiaUkraine

TTASS★★★★☆2026-09-14 16:04Original

Refined product deficits, not crude supply, strain energy market — US energy secretary
Economy