Global fuel shortages may persist
16m
The International Energy Agency warned global fuel shortages could persist until mid-2027, keeping diesel markets under pressure through next year amid uncertainty over the Gulf crisis.
"Geopolitical risks and energy uncertainty: Implications for global and domestic energy prices" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
October 14, 2026 at 8:00 PM
"Geopolitical risks and energy uncertainty: Implications for global and domestic energy prices" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
Why Trump’s Russian Diesel Deal Is Unlikely to Lower Fuel Costs www.nytimes.com/2026/10/14/b...
Why Trump’s Russian Diesel Deal Is Unlikely to Lower Fuel Costs
President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries.
www.nytimes.com
October 14, 2026 at 10:26 PM
Why Trump’s Russian Diesel Deal Is Unlikely to Lower Fuel Costs www.nytimes.com/2026/10/14/b...
By framing diesel prices as a national security crisis and promulgating an agreement that on its face doesn’t release a lot of diesel to market the path is cleared for POTUS to suspend Graham sanctions …
Putin's envoy Dmitriev said that the agreement to supply Russian diesel to the U.S. "opens the door to new joint projects."
Moscow is already discussing other areas of economic cooperation with Washington, he said.
Moscow is already discussing other areas of economic cooperation with Washington, he said.
October 14, 2026 at 3:15 PM
By framing diesel prices as a national security crisis and promulgating an agreement that on its face doesn’t release a lot of diesel to market the path is cleared for POTUS to suspend Graham sanctions …
"Understanding the global drivers of inflation: How important are oil prices?" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
October 14, 2026 at 5:00 PM
"Understanding the global drivers of inflation: How important are oil prices?" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
Reposted by Marc Lynch
There should be more discussion of the serious damage the Trump-Netanyahu war with Iran has done to poor countries which cannot afford the sharp rise in energy prices the war has caused
www.nytimes.com/2026/10/12/b...
www.nytimes.com/2026/10/12/b...
I.M.F. Warns Mideast War Will Widen Gap Between Rich and Poor Countries (Gift Article)
Persistent conflicts, high energy costs and technological upheavals will slow global growth and raise prices, the organization forecast.
www.nytimes.com
October 14, 2026 at 7:44 PM
There should be more discussion of the serious damage the Trump-Netanyahu war with Iran has done to poor countries which cannot afford the sharp rise in energy prices the war has caused
www.nytimes.com/2026/10/12/b...
www.nytimes.com/2026/10/12/b...
Reposted by Olúfẹ́mi Táíwò
Did everyone notice yesterday that the president admitted the entire "Russian diesel deal" thing is complete bullshit, none of the fuel is actually coming to the U.S. and obviously never was, and with a minimum of 40% of Russian refining capacity offline it probably does not exist at all.
Doocy: "There are some Republicans in the Senate who are upset about this diesel deal."
Trump: "That's a diesel deal that's going to be released into the world…They're not releasing that to us, they're releasing that to the entire world."
Trump: "That's a diesel deal that's going to be released into the world…They're not releasing that to us, they're releasing that to the entire world."
October 14, 2026 at 1:46 PM
Did everyone notice yesterday that the president admitted the entire "Russian diesel deal" thing is complete bullshit, none of the fuel is actually coming to the U.S. and obviously never was, and with a minimum of 40% of Russian refining capacity offline it probably does not exist at all.
Reposted by Stephen M. Walt
October 14, 2026 at 3:55 PM
Reposted by Olúfẹ́mi Táíwò
One of my pet theories is that we're going to see combined and uneven development of green technologies. The world is going to be entirely off of fossil fuels while the United States is going to be this weird backwards thing where you can buy cars that are powered by lighting barrels of oil on fire.
boy Trump fucked the American auto industry. first he yanks their EV subsidies, leading them to slash production and write off tens of billions in investment, then he jacks up the price of oil by 50%, leading to skyrocketing EV demand going almost entirely to China bc GM et al left the market
October 14, 2026 at 4:07 PM
One of my pet theories is that we're going to see combined and uneven development of green technologies. The world is going to be entirely off of fossil fuels while the United States is going to be this weird backwards thing where you can buy cars that are powered by lighting barrels of oil on fire.
Reposted by François Heisbourg
Oil prices rose as fresh attacks in the Middle East fuelled supply concerns. European gas prices hovered near a four-year high, while Asian shares were mixed and European stock futures edged lower.
Oil prices rise after reported attacks on ships in Strait of Hormuz
Oil prices rose as fresh attacks in the Middle East fuelled supply concerns. European gas prices hovered near a four-year high, while Asian shares were mixed and European stock futures edged lower.
l.euronews.com
October 14, 2026 at 7:30 AM
Oil prices rose as fresh attacks in the Middle East fuelled supply concerns. European gas prices hovered near a four-year high, while Asian shares were mixed and European stock futures edged lower.