Refined products the biggest risk in Middle East conflict – Dallas Fed member

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A Dallas Federal Reserve conference panelist warned that the Middle East conflict poses a major long-term threat to refined fuel products, especially gasoline and diesel. Crude flows have largely recovered, but the article says supply is moving at higher cost and refined products remain exposed.

The Middle East conflict will have long-lasting impacts on the global energy market, with the greatest threat to refined products such as gasoline and diesel, said a panelist at the 2026 Federal Reserve Energy Conference hosted by the Dallas Fed. Even as Middle East crude oil flows have largely returned albeit at higher cost, the ...