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المشهد العربي
Energy Agency Warns of Supply Risks
Gasoline and diesel markets are facing increasing risks of supply shortages in the coming period, due to declining refinery outputs in the Middle East and Russia caused by geopolitical tensions, while global demand for fuel remains resilient. The International Energy Agency (IEA) has noted that navigation restrictions in the Strait of Hormuz since February have led to reduced refinery production in the region, while gasoline consumption has stayed high thanks to government policies, posing an imminent risk of summer supply shortages. In Russia, diesel refining rates have fallen below 3.8 million barrels per day, a decrease of 1.6 million barrels compared to last year, due to Ukrainian attacks.
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