https://www.live-feeds.com/feed/iran-and-ukraine-wars-why-ship-fuel-is-running-short-and-why-it-mattersContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/iran-and-ukraine-wars-why-ship-fuel-is-running-short-and-why-it-mattershttps://www.live-feeds.com/feed/iran-and-ukraine-wars-why-ship-fuel-is-running-short-and-why-it-matters#u62264Wed, 09 Sep 2026 04:03:25 +0000Global diesel supplies will remain tight through winter according to industry executives and Vitol. This crunch coincides with escalating hostilities in the Middle East, where US forces destroyed five Iranian crude oil tankers following an Iranian ballistic missile attack on a US warship. While flows through the Strait of Hormuz have climbed, oil prices are rallying due to supply fears. Brent is near $99 and WTI is near $95, with higher crude prices and crack spreads driving up costs for consumers at the pump.Why it mattersDiesel is a critical fuel for global shipping and logistics. Continued