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Euronews

Quirino Mealha

IEA warns diesel prices in Europe could rise as global crunch lasts into 2027

International Energy Agency Europe Oil Gulf OPEC Iran

Diesel markets will remain tight well into 2027, and wholesale diesel prices in Europe could rise again in the coming weeks, the International Energy Agency (IEA) warned on Wednesday.

In its monthly report, the Paris-based energy watchdog said recovering Gulf oil supplies had failed to resolve the fuel squeeze, with global output still falling short of consumption.

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Radio France Internationale

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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