The International Energy Agency (IEA) is set to hold an informal meeting on Wednesday to discuss a proposed release of oil and diesel stocks, according to two EU diplomats. The talks come as record-high diesel prices raise concerns for trucking, agriculture and industries around the world. The G7 agreed last week to a proposed release […]
Europe could face a severe jet fuel shortage within weeks as disruptions in Middle East supply chains intensify, according to the International Energy Agency. The closure of the Strait of Hormuz has sharply reduced exports, pushing prices to record highs and raising concerns that stocks could hit critical levels by June if alternative supplies are […]

