EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.
A global diesel crunch lasting into 2027 could keep fuel and transport costs high for Gulf importers and shippers.
Global Diesel Crunch Set to Last Well Into 2027
In simple terms
While crude oil imports in Asia have reached pre-war levels, imports of refined products remain weak as gasoline and diesel imports from the Middle East have declined amid reduced refining capacity.
Why it matters for the Gulf
- Asia's refined product imports remain weak after war.
- Middle East gasoline and diesel imports have fallen sharply.
- Gulf fuel and shipping costs could stay elevated through 2027.
Earlier coverage
Earlier coverage on GreyNews
- Brazil publishes first global ‘roadmap’ for phasing out fossil fuelsNov 3, 2026 · The Guardian
- MABUX: Global Bunker Market To Maintain A Firm But Highly Volatile Trend In NovemberNov 2, 2026 · Hellenic Shipping News
- Venture Global Begins Supplying Plaquemines Customers Under Long-Term LNG ContractsNov 1, 2026 · gCaptain
- High Oil Prices Set to Trigger New Wave of North Sea MergersOct 30, 2026 · OilPrice
- Oil Refineries Become Prime Targets as Global Fuel Shortage WorsensOct 28, 2026 · OilPrice
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