https://www.live-feeds.com/feed/chevron-ceo-sends-a-strong-message-on-oil-price-and-the-economyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/chevron-ceo-sends-a-strong-message-on-oil-price-and-the-economyhttps://www.live-feeds.com/feed/chevron-ceo-sends-a-strong-message-on-oil-price-and-the-economy#u80540Tue, 22 Sep 2026 20:56:43 +0000Oil executives warn that a great fuel crisis has arrived as refineries become the primary chokepoint for global energy supplies. A global diesel shortage is expected to persist into 2027 while storage tanks drain. This supply crunch is driving global inflation and weakening energy market shock absorbers, according to warnings from Shell and Equinor. The situation is exacerbated by diesel supply losses linked to the Iran War, creating a volatile economic environment as winter approaches.Why it mattersRefining capacity limits prevent crude oil from being converted into usable fuels quickly enoug