YouTube video by Ask Raphaela

YouTube video by David Lin

Global diesel shortages and draining storage tanks are set to persist into 2027. Discover the escalating impact on supply chains. Read the ful...

Goldman Sachs and Morgan Stanley have issued urgent warnings about Europe's looming diesel shortage, which could reach a decade-low by November 2026. The crisis stems from a combination of factors: Iran's leaked plan to restrict shipping through the Strait of Hormuz, which threatens global oil supply routes; declining refining capacity in key regions like the Middle East and Russia; and reduced Chinese refining activity. Global diesel exports dropped by 35% in July alone, marking the lowest refining output for this time of year since the 2020 pandemic. European diesel reserves are projected to fall to 299 million barrels by November, the lowest level since 2015. The refining bottleneck, not crude oil scarcity, is the primary issue, as Ukrainian strikes on Russian refineries and Iran's export bans have disrupted supply chains. Diesel prices in Belgium have surged past €2.49 per liter, surpassing pandemic-era highs. While Iran's Hormuz plan could temporarily spike oil prices, the core problem lies in the structural shortage of refining capacity, which will persist regardless of geopolitical resolutions.

Civilians were killed and injured overnight into Sunday as both Russia and Ukraine kept up large-scale drone strikes.

Australia's fuel crisis is worse than reported ...we have weeks of petrol, diesel, and jet fuel left, not months. Both major parties knew about this critical oil shortage and ignored the warnings for decades. As of March 2026, Australia holds catastrophically low fuel reserves, falling short of our 90-day international energy security obligation. The reserves we claim to have? They're "paper barrels" stored in the United States, not actual fuel in Australian tanks. In this video I break down the latest news on how we got here: refinery closures, ignored government warnings, and the failed energy policy that left Australians exposed to potential fuel shortages and soaring petrol prices. The Liquid Fuel Emergency Act: https://youtu.be/CK43LnrlJ58?si=UZBM5r5FezHgF68P I'm James Glissan — former Police Prosecutor, now Criminal Defence Lawyer. On this channel I explain how power actually works in Australia, covering Australian politics, government accountability, and your rights. 🔔 Subscribe for weekly breakdowns of Australian law, government accountability, and the latest news on Australian politics.

Australia's fuel crisis is worse than reported ...we have weeks of petrol, diesel, and jet fuel left, not months. Both major parties knew about this critical oil shortage and ignored the warnings for decades. As of March 2026, Australia holds catastrophically low fuel reserves, falling short of our 90-day international energy security obligation. The reserves we claim to have? They're "paper barrels" stored in the United States, not actual fuel in Australian tanks. In this video I break down the latest news on how we got here: refinery closures, ignored government warnings, and the failed energy policy that left Australians exposed to potential fuel shortages and soaring petrol prices. The Liquid Fuel Emergency Act: https://youtu.be/CK43LnrlJ58?si=UZBM5r5FezHgF68P I'm James Glissan — former Police Prosecutor, now Criminal Defence Lawyer. On this channel I explain how power actually works in Australia, covering Australian politics, government accountability, and your rights. 🔔 Subscribe for weekly breakdowns of Australian law, government accountability, and the latest news on Australian politics.

Mining contractors shutting down, farmers out of diesel, truck drivers stranded. Australia's fuel crisis forces hard choices in Western Australia.

A Victorian country pub raffles diesel as regional fuel shortages deepen, exposing structural vulnerabilities in Australia's energy supply chain.

Nearly 2,000 fuel stations in Cambodia have temporarily closed due to a shortage of petrol and diesel, prompting government action to stabilise supply.

The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left.

Australia's fuel crisis is worse than reported ...we have weeks of petrol, diesel, and jet fuel left, not months. Both major parties knew about this critical oil shortage and ignored the warnings for decades. As of March 2026, Australia holds catastrophically low fuel reserves, falling short of our 90-day international energy security obligation. The reserves we claim to have? They're "paper barrels" stored in the United States, not actual fuel in Australian tanks. In this video I break down the latest news on how we got here: refinery closures, ignored government warnings, and the failed energy policy that left Australians exposed to potential fuel shortages and soaring petrol prices. The Liquid Fuel Emergency Act: https://youtu.be/CK43LnrlJ58?si=UZBM5r5FezHgF68P I'm James Glissan — former Police Prosecutor, now Criminal Defence Lawyer. On this channel I explain how power actually works in Australia, covering Australian politics, government accountability, and your rights. 🔔 Subscribe for weekly breakdowns of Australian law, government accountability, and the latest news on Australian politics.

Prices don't rise high enough, for long enough, to maintain adequate per capita supply of mineral resources