The World’s Diesel Problem Runs Deeper Than the Iran War

AI Summary

The article argues that diesel and jet fuel shortages have deeper causes than disruption around the Strait of Hormuz, with a shortfall reportedly persisting since at least 2020. It links fuel scarcity to international conflict and considers possible longer-term ways to mitigate the problem.

The nature of the shortage of diesel and jet fuel is more complex than most people realize. Based on my analysis, a shortfall has existed since at least 2020. The shortage is not simply the result of the closure of the Strait of Hormuz. In this post, I will provide background information regarding the nature of the shortfall and the international conflict it is leading to. I will also share my thoughts on how, over the long term, the situation might be mitigated. I doubt whether a solution will be available in the short term, but I can at least…