From the dark fleet to Russian diesel, there are no ‘silver bullets’ for bringing down fuel prices - CNN
From the dark fleet to Russian diesel, there are no ‘silver bullets’ for bringing down fuel prices - CNN
Source: CNN
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DW NOTE
When fuel prices are set by a closed Strait of Hormuz and $40/barrel rerouting premiums to Asia, "silver bullets" are irrelevant. The diesel shortage exists because Middle East crude can't reach refiners on its usual route. Russian volumes and dark fleet interdiction are footnotes to a structural supply break that began October 17 and persists because Iran's reopening terms remain unmet.