EconomyDiesel prices are surging. Ukraine is only part of the story

Refinery disruptions, supply shortages and geopolitical tensions are driving diesel prices higher. Because diesel powers freight, farming, construction and industry, the increase could deepen Europe’s inflation and cost-of-living pressures. Falling Russian output and a possible US export ban could worsen the crunch.

diesel pricesEuropeenergy supplyinflation

DDW★★★★☆2026-09-28 10:35Original